--%>
Assignment Help - homework help

long-run

In the long-run, an increase in consumer desire for strawberries is most likely to:

   Related Questions in Microeconomics

  • Q : Shift responsibility for all flawed

    Can someone please help me in finding out the accurate answer from the following question. The directors of garage sales may attempt to shift the responsibility for all the flawed purchases to buyers by posting signs which state: (i) No trespassing. (ii) Carpe diem. (

    		•
  • Q : Define forward shifting of tax burden

    The greater the price elasticity of demand associate to the price elasticity of supply, then the: (i) greater the legal incidence of any tax burden. (ii) smaller the forward shifting of any tax burden. (iii) smaller the backward shift

    		•
  • Q : Market in terms of economists To

    To economists, the noun ‘market’ signifies to: (1) The geographic place where many products are sold. (2) Any institution which enables sellers and buyers to strike bargains. (3) The New York Stock Exchange. (4) Selling goods and resources or stocks and bo

    		•
  • Q : Monopolist in the long run Within the

    Within the long run, here a monopolist: (w) will produce a positive economic profit. (x) will produce an economic profit of zero. (y) may incur an economic loss. (z) will produce an economic profit of zero or greater.

    Q : Illustrate the meaning of deflationary

    Meaning of deflationary Gap: This is the gap among excess of aggregate supply over the aggregate demand at complete employment level.

    		•
  • Q : Pure economic profit in the short run

    Monopolistically competitive firms: (w) profit by erecting durable barriers to entry and exit. (x) may realize pure economic profit in the short run, but not in the long run. (y) supply homogenous goods. (z) produce where marginal cost is at its minim

    		•
  • Q : Calculation of market demand To compute

    To compute the market demand for air-filled mattresses, add up the: (i) Amounts demanded at each and every price. (ii) Amounts supplied at each and every price. (iii) Demand prices at each and every quantity. (iv) Supply prices at each and every quant

    		•
  • Q : Illustrate ready-to-eat cereal industry

    Brands of ready-to-eat cereal by Kellogg, Post, General Mills and Quaker [for example Frosted Flakes, Raisin Bran and Cheerios] account for more 85 percent of all breakfast cereals sold. Here the ready-to-eat cereal industry is an illustration of: (w)

    		•
  • Q : Asymmetric Information problem The

    The one-year old car tends to sell for much less than the brand latest car. A part of the reason is that: (i) Sellers and buyers have similar information regarding used cars as they do latest cars. (ii) Buyers and sellers both encompass more information regarding new

    		•
  • Q : Experiencing the Diminishing Marginal

    James has watched a latest blockbuster film twice a week for the precedent three weeks and can now narrate most of the dialogue. He is probably starting to experience: (1) Disequilibrium. (2) Diminishing the marginal utility. (3) Diminished capacity. (4) Clinical depr

    		•