--%>
Assignment Help - homework help

International demand or supply affected by small firm

Sixty Chinese manufacturers have started producing generic staplers. Since each factory is very small to noticeably influence the international demand or supply for staplers, every firm is: (1) a cartelized seller. (2) a price taker. (3) a primary good producer. (4) probably subsidized by the government. (5) a price setter.

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 : Total revenue by quantity

    If LoCalLoCarbo produces the profit-maximizing quantity and charges the profit-maximizing price, in that case its total revenue equals the area of the rectangle as: (i) 0P2fq4. (ii) bdP4P1. (iii) 0P4dq2

    		•
  • Q : Price elasticity of demand and

    When the price elasticity of demand for Japanese cars is higher within Europe than into the U.S. and transportation costs are very similar, relative to the price charged in Europe, there the price a discriminating Japanese carmaker wo

    		•
  • Q : Short run effects of income tax rate If

    If this illustrated figure given Lorenz curves for distribution of income after taxes and transfers, the probably short run effects of 10 percent increases within both income tax rates and government transfer

    		•
  • Q : Generating utility through production I

    I have a problem in economics on Generating utility through production. Please help me in the following question. The production generates utility by making a good more precious in: (1) Possession. (2) Time. (3) Form. (4) Place. (5) All the above.

    Q : Nominal Interest Rates Nominal interest

    Nominal interest rates are: (w) always identical to real interest rates. (x) the percentage of monetary premiums paid per time era for the use of money. (y) determined by the size of economic rents. (z) the percentage of purchasing power transferred b

    		•
  • Q : Effects of Globalization On Indian

    On Indian industry what are the effects of globalization?

    		•
  • Q : Price mechanism Write down the benefits

    Write down the benefits of leaving the allocation of countries resources to price mechanism?

    		•
  • Q : Price discrimination by monopoly power

    A firm can practice price discrimination when this: (i) confronts a perfectly elastic demand curve. (ii) is a pure quantity adjuster. (iii) has several monopoly power and is capable to separate its customers in various groups with different elasticiti

    		•
  • Q : Economic foundations of the single tax

    The economic foundations of the single-tax progress were first presented through: (1) British Prime Minister Lloyd George. (2) John Stuart Mill. (3) Henry George. (4) David Ricardo. (5) George Stigler. How can I so

    		•
  • Q : Marginal Revenue and Costs in purely

    Hey friends I need your suggestion for this query about the profit and losses as illustrated graph when this firm produces q2 output, in that case its: (w) MR > MC. (x) MR < MC. (y) MR = MC. (z) P > MC.Please give me right answer for the same.