--%>
Assignment Help - homework help

Change in prices after short run demands

Can someone please help me in finding out the accurate answer from the following question. The changes in gasoline prices do not change short-run demands for (1) Bigger versus smaller cars. (2) Gasoline. (3) Alternative forms of the transportation. (4) Batteries, Tires and spark plugs.

   Related Questions in Microeconomics

  • Q : Shutdown level of output for a purely

    For a purely competitive firm the shutdown level of output arises where is: (w) total revenue barely covers total fixed costs. (x) market price just equals the minimum of its AVC curve. (y) total revenue equals total cost as (PQ = TFC + TVC). (z) pric

    		•
  • Q : Problem on utilitarian philosophy Can

    Can someone help me in finding out the right answer from the given options. The utilitarian philosophy didn’t depend on the supposition that: (i) The greatest good for greatest number is the finest social goal. (ii) Individual utilities can be summed up to measu

    		•
  • Q : Econ Give the answer of following

    Give the answer of following question. In the quintile distribution of income, the term "quintile" represents: A) 5 percent of the income receivers. B) 10 percent of the income receivers. C) 20 percent of the income receivers. D) 25 percent of the income receivers.

    		•
  • Q : Problems on Featherbedding The

    The Contracts needing employment after some worker’s jobs have been made outdated by automation are illustrations of: (1) Labor-reducing protectionism. (2) Featherbedding. (3) Check-off provisions. (4) Yellow dog contracts. (5) Blacklisting.

    Q : Intermediate Oligopoly Why is demand

    Why is demand curve is beneath oligopoly indeterminate (i.e., uncertain)? Answer: Demand curve is indeterminate since of price war among sellers.

    		•
  • Q : Lowest possible price in transaction

    Is the assertion such that "Everyone all the time buys everything at the lowest possible price" right? Have you paid more than you had to for any good yet, after permitting for all transaction costs?

    		•
  • Q : Characteristics of oligopoly Features

    Features of oligopoly: 1) Few sellers in the market 2) Firms sell homogenous or differentiated products. 3) Price Rigidity. 4) Behavior of each firms dependence on the other firms.

    		•
  • Q : When is demand more elastic at a price

    Along this demonstrated in below demand curve for DVD games, demand is more elastic at a price of: (w) $10. (x) $6. (y) $1. (z) zero.

    Q : Uniting individual sellers of labor Can

    Can someone help me in finding out the right answer from the given options. Economically, the labor unions can be thought of as: (1) Motivating competition between workers for jobs. (2) Raising the flexibility of the nominal wages. (3) Attempts to cartelize and unite

    		•
  • Q : Employed Currency in 1700s In 1700s

    In 1700s what currency was employed?

    		•