Changes in total revenue by price falls
When the price falls along such demand curve for pizza, in that case total revenue: (w) falls. (x) rises, then falls. (y) rises. (z) does not change. Can anybody suggest me the proper explanation for given problem regarding Economics generally?
When the price falls along such demand curve for pizza, in that case total revenue: (w) falls. (x) rises, then falls. (y) rises. (z) does not change.
Can anybody suggest me the proper explanation for given problem regarding Economics generally?
‘In developing countries there are some controls on aspects of pollution like exhaust fumes. How would you evaluate whether these countries, from their point of view, must invoke legislation to enhance the atmosphere in these respects?’
State the meaning of Inflationary Gap: This refers to the amount by which the real aggregate demand exceeds the level of aggregate demand needed to establish full employment equilibrium.
At a price for $0, the demand for DVD games is around: (w) perfectly elastic. (x) perfectly inelastic. (y) unitarily elastic. (z) positively sloped. Q : Resources flowing toward industries in Resources tend to flow toward industries in the long run along with: (w) lower profits for typical firms. (x) more profit for typical firms. (y) lower payments to most resource owners. (z) more stable rates of technological change. Q : Relationship between MPP and TPP If MPP If MPP is zero, what can you state regarding TPP? Answer: TPP is at its maximum.
Resources tend to flow toward industries in the long run along with: (w) lower profits for typical firms. (x) more profit for typical firms. (y) lower payments to most resource owners. (z) more stable rates of technological change. Q : Relationship between MPP and TPP If MPP If MPP is zero, what can you state regarding TPP? Answer: TPP is at its maximum.
If MPP is zero, what can you state regarding TPP? Answer: TPP is at its maximum.
Consider goods for that various people are willing and capable to pay much more than the costs of production therefore widespread shortages exist. International federal or agreements, state and local laws as well as regulations are probably key factor
This exercise inspects why ‘greywater’ dumped from cruise ships can be vision as an economic difficulty and the complexities of dealing with this.
All as well equivalent, population growth would tend to rise the: (i) Demand for housing for each and every family. (ii) Supply of natural resources. (iii) Shares of family budgets spend on luxuries. (iv) Market demand for housing.
When transaction costs exist, in that case taxes on what appear to be pure economic rents to: (1) pose especially severe problems for economic efficiency. (2) may be inefficient since taxes reduce incentives to put resources to their
When this is feasible for total revenue to cover all variable costs, in that case a profit maximizing monopolist will generate: (w) where marginal revenue equals marginal costs [MR = MC]. (x) in the inelastic portion of the demand cur
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