long-run
In the long-run, an increase in consumer desire for strawberries is most likely to:
Marginal revenue: This is the change in total revenue by selling one more or a lesser amount of unit of commodity.
A monopolist operates in two separated markets. The inverse demand functions ofthose markets are given by and where arethe quantities supplied to these markets, respectively. The total cost function facedby the monopolist is &nbs
Can someone please help me in finding out the accurate answer from the following question. The changes in gasoline prices do not change short-run demands for (1) Bigger versus smaller cars. (2) Gasoline. (3) Alternative forms of the transportation. (4) Batteries, Tire
Can someone please help me in finding out the accurate answer from the following question. The monopsonist will hire the labor until labor's marginal resource cost equivalents the: (i) Marginal revenue product of the labor. (ii) Marginal physical product. (iii) Value
A monopolist, who does not price discriminate, cannot maximize profits through producing where demand is: (w) price elastic. (x) price inelastic. (y) above marginal cost. (z) above marginal revenue. Hey friends ple
I have a problem in economics on highly competitive market in long run. Please help me in the following question. When markets are highly competitive, in long run then: (1) Economic profits will be positive. (2) Economic gains will be negative. (3) Economic profits wi
In 1980 year, the chief executive officers that stand for CEOs of main corporations had income which averaged roughly 40 times as much as the workers they working. In 2005, such ratio is less than: (1) twenty to one. (2) forty to one. (3) one hundred
Explain about Marginalism and characteristics.
Which type of model is used by the economists to analyze competitive market?
Law of Supply: Supply means the goods provided for sale at a price throughout a particular period of time. This is the capacity and intention of the producers to gen
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