utility function
notes on separable utility function in microeconomics
When this monopoly generates Q units: (1) P > MC. (2) MR = MC. (3) total revenue total cost is maximized. (4) MSB > MSC. (5) All of the above. Q : Reflecting normal substitution by When consumer demand for this industry’s product is relatively inelastic, in that case the curve reflecting normal substitution although the least price elasticity of market demand would be of: (i) curve A. (ii) curve B. (iii) curve C. (iv) curv
When consumer demand for this industry’s product is relatively inelastic, in that case the curve reflecting normal substitution although the least price elasticity of market demand would be of: (i) curve A. (ii) curve B. (iii) curve C. (iv) curv
Explain what are the several uses for break-even analysis?
John Bates Clark's marginal productivity theory gives details that the marginal productivity of resources finds out: (w) the true value of human life. (x) an equitable distribution of tax burdens. (y) the income distr
Why payment of interest is treated as revenue expenditure? Answer: Since it does not cause any decrease in the liability of government.
For edcah $.10 per gallon hike within gasoline prices, Ima Driver cuts her monthly consumption of gasoline with 5 gallons. There slope of her demand for gasoline: (w) 1/2 when the change in price is expressed within cents, and 500 when the change in p
Can someone help me in finding out the precise answer from the given options. The corporations might get internal financing by: (i) Borrowing from the stockholders. (ii) Reinvesting the corporate income rather than paying it out as the dividends to stockholders. (iii)
One who buys gold into London and after that sells that instantly in Boston for a higher price is: (1) monopolist. (2) capitalist. (3) speculator. (4) auctioneer. (5) arbitrageur. Can anybody suggest me the proper explanation for g
Clean drinking water is accessible at a much lower price than the costs of equal amounts of gold. This actuality is most reliable with the outcome that whenever a consumer is in equilibrium, then the: (i) Net utility of water is very higher than its marginal utility,
I have a problem in economics on Examples of Human Capital. Please help me in the following question. On-the-job training, the college education and leadership skills are all illustrations of (1) Financial capital. (2) Human capital. (3) Economic capi
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