demand curve
The law of demand is graphically demonstrated by:
Innovating new technologies and products when bearing risks and uncertainty is amongst the roles played by: (1) bureaucrats. (2) entrepreneurs. (3) monopolists. (4) politicians. (5) inventors. How can I solve my Economics <
Monopolists are frequently considered inefficient since they set: (w) MR = MC to maximize profits. (x) P > MSC. (y) MSR < MSC. (z) output where average revenue equals price [AR = P] as well as marginal revenue equals marginal cost [MR = MC].
When it is illegal to necessitate union membership as a condition of employment for firm, then the firm: (1) Needs all the employees to sign the yellow dog contracts. (2) Can’t sign an agency shop agreement with the union. (3) Can need settlement before workers
The corporation’s stockholders are not personally liable for the debts of firm since: (1) The Corporation is considered as a legal person, separate from its owner. (2) Usually there are too many stockholders to try to hold them all accountable. (3) In a corporat
Not in between the total demands for loanable funds would be the demands of: (1) consumers for financial capital. (2) business firms for financial capital. (3) government for loanable funds to cover budget deficits. (4) consumers for mortgage funds. (
At the quantity where a demand of monopolist is unitarily elastic, so marginal revenue is: (1) positive. (2) negative. (3) one. (4) zero. (5) infinite. Hey friends please give your opinion for the problem of
Price discrimination in the sale of a good show charging various prices that: (w) reflect differences in production costs. (x) do not reflect differences in production costs. (y) are dictated by market conditions. (z) cause a monopoly to be inefficien
The absolute value of price elasticity of demand tends to be lower when: (w) the greater the number of substitutes available. (x) the more important the product is in classical budgets. (y) for necessities than for luxury items. (z) when more time is
Economists frequently refer to “the price” as while each good has only one price. Conversely, prices frequently vary greatly, depending upon where you are, due to: (w) advertising. (x) transaction costs. (y) marketing overhead. (z) poor co
The satisfaction gained from consuming an additional unit of the good is: (1) Always diminishing. (2) Its marginal utility. (3) Objectively measurable. (4) Equivalent to one util. Choose the right answer from the above options.
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