--%>
Assignment Help - homework help

Statement of Demand Prices

I have a problem in economics on Statement of Demand Prices. Please help me in the following question. Demand prices are stated as the relative: (1) Prices sellers charge for goods whether we purchase or not. (2) Values that individual subjectively put on having a bit more of good. (3) Prices of goods in terms of the other. (4) Subjective values to the suppliers of selling a bit more of good.

Select the precise one.

   Related Questions in Microeconomics

  • Q : Similarity between pure monopoly and

    The demand curve facing a pure monopoly is similar to the: (w) sum of demand curves which face pure competitors. (x) "kinked" demands at the going market price. (y) the market demand curve for its product. (z) the firm's marginal reve

    		•
  • Q : Signaling and Screening Completing your

    Completing your degree is most probable to be a significant signal which will help you in securing a well-paid job with bright future when potential employers: (i) Want to make sure that job applicants have already acquired important amounts of precise human capital.

    		•
  • Q : Technological advancement influencing

    Describe how technological advancement influence the supply of specific product.

    		•
  • Q : Price taker and a quantity adjuster

    When the world price for this year’s wheat crop is $10 per bushel, and Del, a profit maximizer one who owns the biggest wheat farm within North Dakota: (i) is a quantity taker and a price adjuster. (ii) cannot generate an economic profit into th

    		•
  • Q : Purchasing power of Income Effects

    Whenever the price increases for a good that you enjoy extremely and purchase regularly: (i) The purchasing power of your income is reduced. (2) You adjust more rapidly than when the good was insignificant to you. (3) Your substitution effect is over-powered by an inc

    		•
  • Q : Equilibrium market price and quantity

    Equilibrium market price and quantity would definitely both falls when demand declines and supply will: (w) decreases. (x) increases. (y) is constant. (z) pulsates rhythmically. I need a good answer on the topic of

    		•
  • Q : Price discrimination to increase

    A firm can practice price discrimination to increase its profitability when this: (w) confronts a perfectly elastic demand curve. (x) is a pure quantity adjuster. (y) has some market power and is able to separate its customers into various groups alon

    		•
  • Q : Average retail price and the consumer

    Table illustrates the average retail price of milk and the Consumer Price Index from the year 1980 to 1998.

    Q : Distribution of Wealth Wealth is

    Wealth is distributed within the United States such as the lowest quintile [20 percent] owns: (w) about 7% of all wealth; where the highest quintile owns 60%. (x) about 5% of all wealth; where the highest quintile has 40%. (y) less than 3% of all wealth; where the ric

    		•
  • Q : Surety of good market information for

    The assumption about buyers and sellers has good market information makes sure that they: (w) know everything. (x) never make errors. (y) can foretell the future. (z) won’t pay more than they have to, or sell for less than the market price.

    		•