substitutes and compliments
pizza and sausage substitute or compliment wheat and rye substitute or compliment
When curve C reflects the long run supply curve for this industry as in illustrated figure, in that case the short-run supply curve would be: (i) curve A. (ii) curve B. (iii) curve C. (iv) curve D. (v) curve E.
The theory of monopolistic competition was developed through: (1) Alfred Marshall. (2) John Maynard Keynes. (3) Joseph Schumpeter. (4) Edward Chamberlin. (5) Antoine Augustin Cournot. Please choose the right answer
If MPP is zero, what can you state regarding TPP? Answer: TPP is at its maximum.
Products which have NOT been cartelized comprise: (w) oil. (x) bananas. (y) sugar. (z) wheat. Can anybody suggest me the proper explanation for given problem regarding Economics generally?
The problem of moral hazard is finest explained by the behavior of an individual who: (1) Dates two distinct people on the sly. (2) Doesn’t lock up her car since theft is covered by the insurance. (3) Steals to support the serious drug habit. (4) Understates the
Imperfect data: Most studies start with imperfect data. Few datasets involve the entire population of interest. Typically, the data has been gathered by others for specific purposes, and as such may have built in b
One of my friends can't find the answer of this question. Give answer of following economic based question. Tell me about strongly separable utility function?
Minimum wage legislation is LEAST probable to stimulate: (w) higher teenage unemployment. (x) raised racial discrimination. (y) surpluses of unskilled workers. (z) decreased wage incomes for unskilled workers who keep their jobs. Q : Pricing for profit-car parking The The owner of a city centre car park desires to know the best price to charge for parking throughout office hours on weekdays. On a usual weekday, the car park is at present only half full.
The owner of a city centre car park desires to know the best price to charge for parking throughout office hours on weekdays. On a usual weekday, the car park is at present only half full.
Prices cross elasticity of demand of two between cable TV and VCRs entails that such goods are: (1) complementary goods. (2) substitute goods. (3) negatively associated goods. (4) a luxury and a need, respectively. (5) both inferior goods.
18,76,764
1960286 Asked
3,689
Active Tutors
1437919
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!