Economically non–viable industry
What happened when demand and supply curve do not intersect with each other? Answer: The outcome is: Economically non–viable industry.
What happened when demand and supply curve do not intersect with each other?
Answer: The outcome is: Economically non–viable industry.
When planned savings are bigger or smaller than planned investment, then what will be its consequence on inventories? Answer: It will raise or reduce the inventorie
State the main function of money in economy? Answer: The major function of money in an economic system is to ease the exchange of services and goods.
The Hobbit family buys 72 vegetarian specials yearly at a price of $3.00 each but would consume 192 yearly when the price dropped to $2.40. Therefore their price elasticity of demand is: (w) 4.09. (x) 2.05. (y) 6.15. (z) 0.26. Q : Total demand for money How do you How do you determine the total demand for money. In a graph, what is demand contingent upon?
How do you determine the total demand for money. In a graph, what is demand contingent upon?
A price elasticity of demand coefficient of infinity implies that: (w) the demand curve is horizontal. (x) each 1 percent price hike elicits a 1 percent increase in revenue. (y) total revenue increases proportionally as a firm increases its price. (z)
Money: Money is what money does. Or Money is something that is accepted as a medium of exchange and at similar time act as a store of value.
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
Features of pure competition do not comprise: (w) homogeneous products.(x large numbers of potential buyers. (y) important barriers to entry. (z) large numbers of potential sellers. Can anybody suggest me the prope
Budget line: This refers to all combinations of goods that a consumer can purchase with his whole income and price of two goods.
Can someone please help me in finding out the most accurate answer from the following question? The Accounting profit is the difference among: (1) Dollar revenues and accounting costs. (2) Net revenue and economic cost. (3) Accounting cost and economic cost. (4) Psych
18,76,764
1960276 Asked
3,689
Active Tutors
1458624
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!