--%>
Assignment Help - homework help

Which of the curves have constant price elasticities

Which of the given curves have constant price elasticities: (1) A vertical demand curve [when one ever exists]. (2) A horizontal curve which is a demand curve which is identical with a horizontal supply curve. (3) A demand curve which is a rectangular hyperbola. (4) A vertical supply curve. (5) All of the above.

I need a good answer on the topic of Economics problems. Please give me your suggestion for the same by using above options.

   Related Questions in Microeconomics

  • Q : Monopsony Power- Labors demand When

    When wage discrimination is not probable for the first 40 workers this profit-maximizing organization hires, however it can wage discriminate perfectly whenever hiring all the subsequent workers, it hires a net of: (p) Forty workers at an average salary of $700 per we

    		•
  • Q : Production and costs in monopolistic

    In the short run, no profit-oriented monopolistically-competitive firm still knowingly generates any output unless: (1) an economic profit is assured. (2) total revenues are expected to equal or exceed its total variable costs. (3) the average wage ra

    		•
  • Q : Avoid losses incurred from predatory

    To drive rivals by a market but ignore losses incurred by predatory pricing, a firm could: (w) cut price below costs but continue to sell similar amount of output. (x) set price equal to average costs, removing incentives for other firms to reenter th

    		•
  • Q : Consequences of rise in union wages Can

    Can someone help me in finding out the right answer from the given options. The possible consequences of a rise in union wages comprise reduced: (1) Union employment and a refusal in non-union wages. (2) Shares of national income to the labor however growth of union e

    		•
  • Q : Laws and Regulations-Seller of the good

    The Caveat venditor is an ancient legal doctrine which, when the products are defective or fraudulently symbolized, imposes legal liabilities on: (1) Seller of the good. (2) Government, for failing to save consumers. (3) Resource owner. (4) Buyer, for failing to use d

    		•
  • Q : Economic profits in long run A monopoly

    A monopoly will make economic profits within the short run: (w) but cannot create economic profits in the long run. (x) if average total costs [ATC] > P. (y) as long as total revenue exceeds total costs. (z) All of the above.

    		•
  • Q : Price inelastic demand without

    A monopolist, who does not price discriminate, cannot maximize profits through producing where demand is: (w) price elastic. (x) price inelastic. (y) above marginal cost. (z) above marginal revenue. Hey friends ple

    		•
  • Q : Discrimination In the above diagram,

    In the above diagram, the elimination of discrimination is best represented by:

    		•
  • Q : Example of demand curve shifts upward

    Can someone help me in finding out the precise answer from the given options. When consumers become willing and capable to purchase more of a good at each and every possible price, then the: (i) Demand curve shifts up-ward and to right. (ii) Quantity demanded increase

    		•
  • Q : Average Variable Cost-Average Total

    Describe the relationship among Average Variable Cost (AVC) Average, Total Cost (ATC) and marginal Cost (MC)? Answer: A) If MC

    		•