Various kinds of capital goods
Supply curves for different kinds of capital goods are usually: (w) perfectly elastic. (x) perfectly inelastic. (y) upward sloping. (z) downward sloping. Can anybody suggest me the proper explanation for given problem regarding Economics generally?
Supply curves for different kinds of capital goods are usually: (w) perfectly elastic. (x) perfectly inelastic. (y) upward sloping. (z) downward sloping.
Can anybody suggest me the proper explanation for given problem regarding Economics generally?
When you were in the ski boat business, your net revenues from selling given numbers of boats would be least influenced by: (i) Govt. increasing fees for boat licenses. (ii) Rises in prices for jet skis. (iii) Pay hikes for dock-workers. (iv) Vacation
A 2 percent price cut for doodads causes gizmo sales to fall by 3 percent. The price cross elasticity of demand among these goods is approximately _____ and such goods are _____. (w) 2/3, substitutes. (x) 1.5, substitutes. (y) 2/3, complements.
Assume that HoloIMAGine’s patents for holographic technology lapsed, as well as entry of new competitors within this market eroded the demand for HoloIMAGine technology, even though the firm retains several market power since competitors’
Illustrations of pairs of goods which are close substitutes comprise: (i) Bow ties and tuxedoes. (ii) Glasses and contact lenses. (iii) Power boats and water skis. (iv) Baby food and diapers. (v) Camping trailers and large SUVs. Q : Perfectly price elastic demand For For Cournot’s Spring Water the demand is perfectly price elastic at: (i) point a. (ii) point b. (iii) point c (iv) point d. (v) point e. Q : Market Power and Demand for Labor All All of the given might causes labor markets to be non-competitive except: (i) Backward bending labor supply curves. (ii) Unions and employer trade associations. (iii) Monopolistic power exercised by the firm. (iv) Monopsonistic power exercised by the
For Cournot’s Spring Water the demand is perfectly price elastic at: (i) point a. (ii) point b. (iii) point c (iv) point d. (v) point e. Q : Market Power and Demand for Labor All All of the given might causes labor markets to be non-competitive except: (i) Backward bending labor supply curves. (ii) Unions and employer trade associations. (iii) Monopolistic power exercised by the firm. (iv) Monopsonistic power exercised by the
All of the given might causes labor markets to be non-competitive except: (i) Backward bending labor supply curves. (ii) Unions and employer trade associations. (iii) Monopolistic power exercised by the firm. (iv) Monopsonistic power exercised by the
settlement range between management and the trade union
The excess of papayas would appear when: (1) seller’s supply prices increase to P1. (2) Govt. set a price ceiling of P1. (3) Growers predicted prices to soar. (4) Hurricane destroyed all Central American papaya plantations. (5) Government obliged a price floor o
Give the best advantages of free market economy?
For a particular product how do the determinants of demand affect the price?
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