Tourism effects
How tourism effects in an upcoming industry?
Expert
Tourism is an upcoming industry because it is generating high level of income, these days it is on third number of high income generating industry.
Demand schedule: This is a tabular symbolization of different quantities demanded at various levels of prices.
When the minimum amounts of food, clothing and shelter essential for survival absorb all of a family’s income, in that case the family is experiencing: (w) relative poverty. (x) economic shock. (y) financial destitution. (z) absolute poverty.
Average variable costs per generic brick of this pure competitor equal approximately: (i) $.02 (2 cents per brick). (ii) $.04 (4 cents per brick). (iii) $.07 (7 cents per brick). (iv) $.09 (9 cents per brick).
Can someone help me in finding out the right answer from the given options. The potential range of negotiable price or wage solutions whenever both the seller and buyer contain substantial economic clout is recognized in the: (1) Bargaining model devised by the John H
When raising ticket prices for Brad Paisley concert tickets raises total ticket revenue, in that case the demand for the concert tickets: (i) perfectly price inelastic. (ii) relatively price inelastic
In which market form, the products are distinguished. Answer: In Monopolistic competition
When there is an excess in the balance of trade? Answer: When export > import (that is, when export is greater than import).
Define Average Variable Cost. And also state its formula.
Price discrimination: The Price discrimination is a situation whenever a monopolist charges distinct price from various buyers of the similar product. This is usually done to maximize profits.
The cross price elasticities of demand are possibly most positive for: (w) shoe repairs and new shoes. (x) syrup and waffles. (y) gasoline and limousines. (z) college tuitions and textbooks. How can I solve my
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