long run supply
Illustrate and explain using diagrams, the difference between long run supply in a constant cost individual firm and industry and an increasing cost firm and industry.
A family whose income leaves this hovering at the brink of survival and that gives only a razor’s edge existence is experiencing: (w) relative poverty. (x) economic shock. (y) financial destitution. (z) absolute poverty. Q : Market form-product distinguishing In In which market form, the products are distinguished. Answer: In Monopolistic competition
In which market form, the products are distinguished. Answer: In Monopolistic competition
When the annual interest rate is 12 percent and a rental house can be expected to rent perpetually for price of $1,000 monthly, in that case the house has a present value of approximately: (1) $240,000. (2) $144,000. (3) $100,000. (4) $72,000. (5) $12
An opportunity cost to the user, although not to society as an entire, which would be the: (w) accounting profits realized by a firm of CPAs. (x) interest paid by a borrower for a bank loan. (y) rent paid by a sharecropper to a plantation owner. (z) m
why cotton textile tndustry is a microeconomic study
A competitive firm shuts down within the short run when: (w) this suffers a loss. (x) normal profit = 0. (y) ATC > P. (z) the minimum AVC > P. Hello guys I want your advice. Please recommend some views for above Econo
What is Marketability. Write some points for it.
Can the value of APS be negative:Yes, the value of APS is negative; when there are dissavings.
Deriving a production possibilities frontier needs the supposition that: (1) Resources are variable in the supply. (2) There are limitless numbers of goods. (3) Economic growth takes place at a normal rate. (4) All scarce resources are proficiently em
Normal 0
18,76,764
1957936 Asked
3,689
Active Tutors
1461235
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!