Types of output for producing goods
Kinds of output subsequently used to generate other goods are termed as: (w) land. (x) labor. (y) capital. (z) primary resources. Hey friends please give your opinion for the problem of Economics that is given above.
Kinds of output subsequently used to generate other goods are termed as: (w) land. (x) labor. (y) capital. (z) primary resources.
Hey friends please give your opinion for the problem of Economics that is given above.
The law of supply defines that higher prices cause rise in the: (i) Demand for good. (ii) Supply of the good. (iii) Quantity supplied. (iv) Gains of investors. Can someone please help me in finding out the accurate answer from the
Demand curves graphically depict the relationships which are: (i) Positive among the demand for a good and its relative price. (ii) Negative between the quantity demanded and the opportunity cost of a good. (iii) Positive between income and expenditures. (iv) A horizo
I have a problem in economics on Persistence of Economic profits in long run. Please help me in the following question. Economic profits will continue in long run only when: (i) There are barriers to the entry and exit. (ii) Markets are much competitive. (iii) There a
Which of the given below is not a benefit of the sole proprietorship? (i) Limited liability. (ii) Easiness of organization. (iii) Flexibility. (iv) Freedom from govt. regulation. Choose the right answer from the above options.
Please provide me answer of this question. What will be the implications for consumer's preferences and her indifference curves if the axiom of transitivity does not hold?
Expectations of long-run economic losses within a competitive industry as: (1) inevitably follow “cut throat” pricing policies. (2) cause firms to leave the industry. (3) increase each firm’s long-run fixed costs. (4) create pressure
When average production cost for Plastibristle Inc. falls like market demand increases and more firms go into the industry, Plastibristle is within: (1) an economically efficient industry. (2) a purely competiti
HoloIMAGine has patented a holographic technology which makes 3-D photography obtainable to consumers. The level of sales and production at that HoloIMAGine would take in its greatest probable total revenue is: (i) output q3
Factors establishing elasticity of supply: The factors below will persuade the elasticity of supply: 1. Modifications in cost of production. 2. Behavior pattern of producers. 3. Accessibility of faci
Features of Monopoly: A) A Single seller B) No close replacement available. C) No freedom for entry of new firms. D) Possibility of price discrimination.
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