Total variable cost
By refering the following data give the answer of this question . The total variable cost of producing 5 units is: A) $61. B) $48. C) $37. D) $24.
A probable short-run consequence of a devastating sequence of hurricanes smashing by Florida would be: (w) reductions within the prices of building materials. (x) raises the price of tickets at Disney World. (y) declining demand for Florida oranges due to higher price
Comparing supply curves S2 and S3, supply is: (w) more price elastic along S2 than along S3. (x) more price elastic along S3 than S2. (y) equally elastic along both when they have simil
Central bank executes the function of a clearing house. Explain how? Answer: Each and every bank keeps cash reserves with central bank. The claims of banks against
Since longer time periods are considered and a bigger range of adjustments (or substitutions) become accessible, demand curves tend to become: (i) Flatter, whereas supply curves become steeper. (ii) Steeper whereas supply curves become flatter. (iii) Flatter, and ther
The one-year old car tends to sell for much less than the brand latest car. A part of the reason is that: (i) Sellers and buyers have similar information regarding used cars as they do latest cars. (ii) Buyers and sellers both encompass more information regarding new
As measured through post tax and post transfer income patterns, from World War II, then the U.S. has created: (w) no progress in reducing the gap in between the rich and poor. (x) substantial progress in reducing the gap in between rich and poor. (y) moderate progress
If, throughout a period while video iPods are gaining popularity, the technology to create them enhances, in that case demand: (w) and supply would both decrease. (x) and supply would both increase. (y) increases when supply decreases. (z) decreases when supply
Firms along with output having many perfect substitutes for potential buyers confront as: (w) perfectly price elastic for horizontal demand curves. (x) predatory pricing through more monopolistic firms. (y) price elasticity coefficients of zero. (z) s
The imposition of price ceilings which are below equilibrium generally results within: (w) shortages and net decreases in economic efficiency. (x) more efficient allocations of scarce resources. (y) greater consumer satisfaction and b
One of my friend can't find the answer of this question.Give me answer of this question. From a heterodox perspective, the household is rarely indifferent while considering the profit of two bundles of goods.Why?
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