Saving of production costs attributable

The rental value of a high quality piece of agricultural land timely era is: (w) negatively associated to the price of agricultural output this could produce. (x) unrelated to the costs of its cultivation. (y) equal to the saving of production costs attributable to its quality. (z) unrelated to the strength of demand for the output it produces.

Can someone explain/help me with best solution about problem of Economics...

View Complete Question

Related Questions in Managerial Economics

Q : Costs and revenue verses Quality

Refer to figure as in above. What occurs when the firm produces more than Q4 units: w) Its profit raises. x) this makes a loss. y) Its total revenue is increasing quicker than its whole cost. z) this could make a profit or a loss depending upon what occurs

Q : What are the types of elasticity of

What are the types of elasticity of demand?

Q : How many types are of price elasticity

How many types are of price elasticity of demand?

Q : What are the scopes of managerial

What are the scopes of managerial economics?

Q : Wage Rates and Opportunity Costs

Reasons why workers are often paid more than they could make in their best alternative positions do not include: (1) human capital valued by many firms. (2) membership in a union along with a labor contract. (3) holding a minimum wage job when most unskilled workers a

Q : Attain new equilibrium in purely

When this purely competitive labor market is primarily in equilibrium at D0L, S0L and after that excessive job safety standards are imposed through law, a new equilibrium will be attained at: (1) D0L, S0L. (

Q : Wage rate at demand of labor When the

When the wage rate price of $13, in that case this firm would hire slightly fewer than: (i) 600 workers. (ii) 700 workers. (iii) 800 workers. (iv) 900 workers (v) 1000 workers.

Q : Equilibrium prices and quantities

French toast and pancakes and both are close substitutes. Assume that good weather yields a bumper crop of pancakes and decreases the price of pancakes. Into the market for French toast: (1) equilibrium price and quantity both increase.(2) competition increases the su

Q : Purely competitive labor markets in

When all labor were fundamentally very similar then, in long run equilibrium for purely competitive labor markets as: (w) money wages will be equal for all workers. (x) the net advantages of working in various occupations will be equa

Q : Dominates substitution effect by wage

The income effect of a small varies in the wage rate dominates the substitution effect for this worker at point: (w) point a. (x) point b. (y) point c. (z) point d.

Discover Q & A

Leading Solution Library

Avail More Than 1415228 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1950645
Asked

3,689

Active Tutors

1415228

Questions
Answered

Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

Submit Assignment