State the relationship between MPC and multiplier
State the relationship between MPC and multiplier? Answer: The value of multiplier differs directly with MPC. K=1/1 - MPC.
State the relationship between MPC and multiplier?
Answer: The value of multiplier differs directly with MPC.
K=1/1 - MPC.
An illegal practice from an oligopolistic firm would be: (w) price leadership. (x) direct price collusion with rivals. (y) non-price competition. (z) mutual interdependence in price and output decisions. I need a g
Total cost can be estimated as area: (i) 0bcq1. (ii) 0adq2. (iii) 0Peq2. (iv) aPed. (v) Cannot be measured in illustrated figure. Q : Effect of reducing prices on Can someone help me in finding out the accurate answer from the given options. People tend to recognize more ways to employ a good if the: (1) The prices of substitute goods drop. (2) Good is poorer and their incomes increase. (3) Complements of good become more costl
Can someone help me in finding out the accurate answer from the given options. People tend to recognize more ways to employ a good if the: (1) The prices of substitute goods drop. (2) Good is poorer and their incomes increase. (3) Complements of good become more costl
The profit-maximizing price for “Silver Screen Classic” of Nostalgia DVDs is: (i) $6 per copy. (ii) $10 per copy. (iii) $12 per copy. (iv) $16 per copy. (v) $20 per copy. Q : Total fixed cost Total fixed cost: 1. Total fixed cost: 1. Fixed cost remains constant at each level of output ie it do not change with change in quantity.2. It can not be zero when output is zero.3. Its curve is parallel to X-aixs4.
Total fixed cost: 1. Fixed cost remains constant at each level of output ie it do not change with change in quantity.2. It can not be zero when output is zero.3. Its curve is parallel to X-aixs4.
Unless this chooses to shut down since demand never exceeds average variable costs, in that case a profit-maximizing monopolist makes output where: (i) marginal revenue equals marginal costs [MR = MC]. (ii) marginal revenue minus marg
While rate hikes will boost a utility's total revenue, in that case the utility faces: (w) elastic demand over the relevant price range. (x) unitarily elastic demand over the relevant price range. (y) inelastic demand over the relevant price range. (z
Select the right ans wer of the question. Refer to the following data. Diminishing marginal returns become evident with the addition of the: A) sixth worker B) fourth worker. C) third worker. D) second worker. Q : Unit of Account function of money Unit Unit of Account function of money: The Unit of Account function of money is also termed as the measure of value function. Money as a unit of account signifies a standard unit for quoting the prices. This makes money a powerful medium of comparing the
Unit of Account function of money: The Unit of Account function of money is also termed as the measure of value function. Money as a unit of account signifies a standard unit for quoting the prices. This makes money a powerful medium of comparing the
Can someone please help me in finding out the accurate answer from the following question. The paradox of the value (also termed as the diamond-water paradox) occurs from: (1) High transaction costs. (2) Low transaction costs. (3) Failures to differentiate among the m
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