Total fixed costs of purely competitive firm
Such lumber mill has incurred total fixed costs which average approximately: (1) $300 daily. (2) $500 per day. (3) $700 Per day. (4) $900 per day (5) $1100 per day. Please choose the right answer from above...I want your suggestion for the same.
Such lumber mill has incurred total fixed costs which average approximately: (1) $300 daily. (2) $500 per day. (3) $700 Per day. (4) $900 per day (5) $1100 per day.
Please choose the right answer from above...I want your suggestion for the same.
I can't get the answer of this question of Engel curve. Help me in determining answer of this question. Describe relationship between the Engel curve and the income effect?
Monopolists are frequently considered inefficient since they set: (w) MR = MC to maximize profits. (x) P > MSC. (y) MSR < MSC. (z) output where average revenue equals price [AR = P] as well as marginal revenue equals marginal cost [MR = MC].
Oligopolistic markets in equilibrium are described by: (w) a large number of sellers of homogeneous output. (x) monopolistic sellers dealing along with only some buyers. (y) a small number of sellers of close substitutes. (z) socially optimal amounts
Whenever an on-line seller deceived you into buying a faulty ‘fully preloaded’ iPod, you encompass lost since of: (1) Moral hazard. (2) Rational ignorance. (3) Adverse selection. (4) Bait-and-switch deception. (5) Cognitive dissonance. Q : Legal barriers to entry Patents are Patents are illustrations of: (a) legal economies of substitution. (b) legal barriers to entry. (c) natural barriers to entry. (d) marginal diseconomies of scale. Can someone explain/help me with best solution about problem of
Patents are illustrations of: (a) legal economies of substitution. (b) legal barriers to entry. (c) natural barriers to entry. (d) marginal diseconomies of scale. Can someone explain/help me with best solution about problem of
Price-takers comprise buyers or sellers who are not capable to: (w) resist monopolistic exploitation. (x) influence the prevailing market price. (y) adjust the amounts they buy or sell. (z) make short-run economic profits. Q : Problem on Substitute Goods Can someone Can someone help me in finding out the right answer from the given options. The substitute goods are: (i) Usually consumed altogether. (ii) Inferior to luxury goods. (iii) Generally free goods. (iv) Replacements for each other. Q : Supply curve of a purely competitive A purely competitive firm has a supply curve which is: (w) perfectly elastic. (x) relatively inelastic. (y) flatter than its demand curve. (z) upward sloping as output increases. Hello guys I want
Can someone help me in finding out the right answer from the given options. The substitute goods are: (i) Usually consumed altogether. (ii) Inferior to luxury goods. (iii) Generally free goods. (iv) Replacements for each other. Q : Supply curve of a purely competitive A purely competitive firm has a supply curve which is: (w) perfectly elastic. (x) relatively inelastic. (y) flatter than its demand curve. (z) upward sloping as output increases. Hello guys I want
A purely competitive firm has a supply curve which is: (w) perfectly elastic. (x) relatively inelastic. (y) flatter than its demand curve. (z) upward sloping as output increases. Hello guys I want
What is the formula for primary deficit? Answer: Primary deficit = fiscal deficit – interest payment.
This exercise inspects why ‘greywater’ dumped from cruise ships can be vision as an economic difficulty and the complexities of dealing with this.
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