Value of a product according place

I have a problem in economics on Value of a product according place. Please help me in the following question. The ice has a higher price in Texas, Dallas than Anchorage and Alaska. The raised value of the ice is due to its changing: (i) Form. (ii) Possession. (iii) Place. (iv) Time.

Select the most appropriate answer from the above.

View Complete Question

Related Questions in Microeconomics

Q : Explain the term PHP Explain the term

Explain the term PHP?

Q : Production falls and price of demand

A candy factory generated 5.2 million packages of gummy worms in this year as well as sold them for $1.27 all. Last year this sold 4.7 million packages of gummy worms of $1.36 all. Such firm’s gummy worms have price elasticity of demand roughly

Q : Adverse Selection as a classifiable

Which of the given below conditions is most evidently classifiable as the adverse selection? (i) The company manufactures a miracle weight loss solution guarantee enduring weight loss, however in realism the solution only rids surplus water weight for

Q : What is Interest Rate Price Risk

Interest Rate Price Risk: The risk which occurs for bond owners from fluctuating interest rates is termed as interest rate risk. How much interest rate risk a bond has based on how sensitive its price is to interest rate modifications.

Q : Interest rate risk premium What is

What is Interest rate risk premium? Briefly explain it.

Q : Enterprises capability One of my

One of my friends can't discover the solution of this question. So he is not capable to complete his assignment. Give answer of this question. Are there any limits or constraints onto the enterprise’s capability to grow and change?

Q : Free products Select the right answer

Select the right answer of the question .Free products offered by firms :1) may or may not be free to society, but are never free to individuals. 2) may or may not be free to individuals, but are never free to society. 3) are poduced and distributed at no cost to soci

Q : Consumption pattern matching demand

A house-hold maximizes the satisfaction it derives from the given income by: (i) Buying lottery tickets to save more wealth. (ii) The consumption pattern which matches demand prices with the market prices. (iii) Consuming goods and hence every good is enjoyed uniforml

Q : Determine total revenue with formula

Please help me to solve the problem of total revenue that is given below: Total revenue can be computed by the formula as: (w) P + Q. (x) P * Q. (y) ep * P. (z) ep * Q. Hello gu

Q : Total fixed costs of purely competitive

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.

Discover Q & A

Leading Solution Library

Avail More Than 1434083 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1950939
Asked

3,689

Active Tutors

1434083

Questions
Answered

Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

Submit Assignment