--%>
Assignment Help - homework help

Law of supply regarding firms

I have a problem in economics on Law of supply regarding firms. Please help me in the following question. The law of supply signifies that: (i) Firms provide less for sale at lower prices. (ii) Purchases and prices differ inversely. (iii) Minimum inventories always maximize the gains. (iv) Prices and gains differ inversely.

Select the rightmost option.

   Related Questions in Microeconomics

  • Q : Pure competitors in the market structure

    Marginal revenue is not below the market price by the perspectives of simply: (i) monopolistic competitors. (ii) monopolists. (iii) cartel members. (iv) pure oligopolists. (v) pure competitors. Can

    		•
  • Q : Characteristics of pure monopoly This

    This is untrue that a firm which is a pure monopoly: (1) commonly engages in extensive advertising to differentiate its products. (2) produces a level of output which is closer to socially optimal when this price discriminates. (3) is the sole produce

    		•
  • Q : Define Marginal Cost or MC Define

    Define Marginal Cost and also its functions?

    		•
  • Q : Transformation of Predictable Income

    The transformation of predictable income streams within wealth is: (1) asset liquidation. (2) financial optimization. (3) rent-seeking. (4) monopolization. (5) capitalization. I need a good answer on the topic of <

    		•
  • Q : Selling of physically indistinguishable

    While physically indistinguishable units of a good are concurrently sold at various prices at various locations, such price differentials reflect: (1) differences within marketing and advertising costs. (2) rational ignorance by consumers. (3) differe

    		•
  • Q : Flatter demand curves for goods Demand

    Demand curves tend to be flatter for goods such that: (w) are necessities than for luxury goods. (x) absorb smaller shares of family income. (y) have more close substitutes obtainable. (z) have more close complements within consumption.

  • Q : Price discrimination in markets Price

    Price discrimination is probably in markets: (w) for medical services. (x) for wheat sold by farmers. (y) for bread sold by grocers. (z) where all consumers have identical demand curves. Can anybody suggest me the

    		•
  • Q : Business strategies in market Assume

    Assume that technological advances considerably lower costs for Honda. Hence which of the given statements is true: (w) when Honda lowers prices, rivals will rightfully accuse the firm of predatory pricing (x) when Honda raises prices, rivals will rightfully accuse th

    		•
  • Q : Characteristics of Labor-Leisure

    Can someone help me in finding out the right answer from the given options. When the wage rate paid for the labor rises, then: (i) Supply of labor raises (ii) Opportunity cost of the leisure increases. (iii) Workers always supply additional labor. (iv) Level of the na

    		•
  • Q : Emergence and development of common

    The economist most intimately identified along with the emergence and early development of common equilibrium analysis was: (w) Adam Smith. (x) Leon Walras. (y) Alfred Marshall. (z) William Stanley Jevons. Can some

    		•