Price increment in elasticity
A price hike $4 to $5 per slice of pizza because of total revenue to: (w) fall. (x) remain constant. (y) rise. (z) this is not possible to tell from such data. How can I solve my economics problem? Please suggest me the correct answer.
A price hike $4 to $5 per slice of pizza because of total revenue to: (w) fall. (x) remain constant. (y) rise. (z) this is not possible to tell from such data.
How can I solve my economics problem? Please suggest me the correct answer.
Types of measurement in Metrics: A) Nominal: a nominal scale assigns items to a category. For example, the category may be a simple "yes" or "no." In the case of a family, a nominal scale
For a purely competitive market at any equilibrium point on the short-run supply curve: (w) all firms have identical marginal costs. (x) economic profit is positive. (y) accounting profit is normal. (z) marginal revenue = average cost. Q : Unitarily price elastic supply for Supply is unitarily price elastic for all quantities and prices upon: (i) supply curve S1. (ii) supply curve S2. (iii) supply curve S3. (iv) supply curve S4. (v) supply curve S5. Q : Problem on merging firms Elucidate how Elucidate how the efficiency might increase when two firms merge? Answer: If the two firms merge, their joined efficiency is expected to enhance owing to:
Supply is unitarily price elastic for all quantities and prices upon: (i) supply curve S1. (ii) supply curve S2. (iii) supply curve S3. (iv) supply curve S4. (v) supply curve S5. Q : Problem on merging firms Elucidate how Elucidate how the efficiency might increase when two firms merge? Answer: If the two firms merge, their joined efficiency is expected to enhance owing to:
Elucidate how the efficiency might increase when two firms merge? Answer: If the two firms merge, their joined efficiency is expected to enhance owing to:
The price elasticity of supply as in below demonstrated figure is unitary within: (w) Panel A. (x) Panel B. (y) Panel C. (z) Panel D. Q : Choosing a statistical Model Choosing a Choosing a statistical Model: A number of problems arise in determining whether the work is truly rigorous or not. It is important to determine whether the model chosen makes theoretical and intuitive sense. <
Choosing a statistical Model: A number of problems arise in determining whether the work is truly rigorous or not. It is important to determine whether the model chosen makes theoretical and intuitive sense. <
For identical level of guaranteed transfer payments, the earn income and incentive to work is probable to be: (w) greater with a negative income tax than with transfers in kind. (x) greater with transfers in kind than
Long run for the production theory is a time period across which: (i) All production occurs. (ii) Firms can adjust all their costs and resources. (iii) Bigger firms absorb the smaller firms. (iv) Marginal costs become decreasingly significant. (iv) Im
What will be the consequence of a rise or fall in the bank rate on money supply? Answer: It will reduce or raise the money supply.
Opinion of Frank Knight, about economic profits is: (1) rewards for bearing uncertainty. (2) easily capitalized for firms possessing monopoly power. (3) rewards for innovation. (4) easily predicted when competent economic forecasting is employed. (5) equal to accounti
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