Productivity related problem
Other things equal, an improvement in productivity will: A) shift the aggregate demand curve to the left. B) shift the aggregate supply curve to the left. C) shift the aggregate supply curve to the right. D) increase the price level.
Due to enhancement of technology, the marginal costs of televisions encompass vanished. How will it influence the supply curve of television? Answer: Supply curve w
The domestic demand curve for portable radios is provided by Qd = 5000 − 100P, here Qd is the number of radios which would be purchased whenever the price is P. The domestic supply curve for radios is provided by Qs = 150P, where Qs
Relative to demand curve D0D0, demand curve DD: (i) is relatively more elastic than D0D0 at a price of P1. (ii) is relatively more elastic than D0D0 at a price of P2. (iii) is relatively less elastic fo
Booming toy sales throughout December usually reflect rises in: (1) The quantity of toys demanded. (2) Market demand for toys. (3) Production costs. (4) Infantile consumerism. Can someone please help me in finding out the acc
By looking the post tax and transfer distribution of income, all even constant, an increase into the progressivity of income taxes must: (w) shift the Lorenz curve outward. (x) shift the Lorenz curve upward. (y) not influence the Lore
I have a problem in economics on Law of equal marginal advantage to consumer behavior. Please help me in the following question. Pertaining the law of equal marginal benefits to consumer behavior outcomes the principle of: (i) Diminishing the marginal utility. (ii) Ov
Please help me to solve the problem of economic that is given below. Maximum legal prices upon resources or goods are: (w) floors. (x) wedges. (y) disinflation. (z) ceilings. Q : Determine equality of marginal revenue Marginal revenue equals the change within total: (w) profit as output expands slightly. (x) output from hiring an additional worker. (y) revenue from selling an extra unit of output. (z) tax rates while tax revenue increases a bit. Q : Location Rents in Economics Location Location rents are: (1) really just normal profits. (2) generated while customers bear lower transportation costs through buying from one firm over another. (3) economic interest on the capital improvements to land. (4) unrelated to population density
Marginal revenue equals the change within total: (w) profit as output expands slightly. (x) output from hiring an additional worker. (y) revenue from selling an extra unit of output. (z) tax rates while tax revenue increases a bit. Q : Location Rents in Economics Location Location rents are: (1) really just normal profits. (2) generated while customers bear lower transportation costs through buying from one firm over another. (3) economic interest on the capital improvements to land. (4) unrelated to population density
Location rents are: (1) really just normal profits. (2) generated while customers bear lower transportation costs through buying from one firm over another. (3) economic interest on the capital improvements to land. (4) unrelated to population density
Purely competitive markets and monopolistically competitive markets have in general: (1) the collusive tendencies of large rival firms. (2) extensive negotiations about prices among buyers and sellers. (3) freedom of entry and exit wi
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