Market according to time:
Marshall categorized market based on the time element. In economics “time” does not refer clock time. This means just the division of time depend on extent of adjustability of supply of a commodity for a specified change in its demand. The main divisions are of very short period, and long period.Very Short Period:
Very short period refers to the kind of competitive market in which the supply of commodities can’t be modified at all. Therefore in a very short period, the market supply is completely inelastic. The price of the commodity based on the demand for the product only. The perishable commodities such as flowers are the best illustration.Short-period:
Short period refers to that time period in which supply can be adjusted to a restricted extent by modifying the variable factor only. The short period supply curve is quite elastic. The short period cost is determined by the interaction of the short-run supply and demand curves.Long Period:
Long period is the period of time during which the supply conditions are completely able to meet the fresh demand conditions. In long run, all (i.e., both fixed and also variable) factors are variable. Therefore the supply curve in the long run is perfectly elastic. Hence, it is the demand which influences the price in long period.
Latest technology based Economics Online Tutoring Assistance
Tutors, at the www.tutorsglobe.com, take pledge to provide full satisfaction and assurance in Business Economics help via online tutoring. Students are getting 100% satisfaction by online tutors across the globe. Here you can get homework help for Business Economics, project ideas and tutorials. We provide email based Business Economics help. You can join us to ask queries 24x7 with live, experienced and qualified online tutors specialized in Business Economics. Through Online Tutoring, you would be able to complete your homework or assignments at your home. Tutors at the TutorsGlobe are committed to provide the best quality online tutoring assistance for Economics Homework help and assignment help services. They use their experience, as they have solved thousands of Economics assignments, which may help you to solve your complex issues of Business Economics. TutorsGlobe assure for the best quality compliance to your homework. Compromise with quality is not in our dictionary. If we feel that we are not able to provide the homework help as per the deadline or given instruction by the student, we refund the money of the student without any delay.
Classification of Plants and Related Organisms tutorial all along with the key concepts of Five Kingdoms, Monera, Protista, Fungi, Plantae, Animalia, Environmental Degradation and Plant Diversity
alkanoates tutorial all along with the key concepts of preparation of alkanoates: esterification, features or characteristics of alkanoates and uses of alkanoates
a system of modulation where the duration, amplitude, position might be so controlled like to present the message to be communicated.
tutorsglobe.com steps for evaluating capital budgeting assignment help-homework help by online capital budgeting and project planning tutors
a vacuum cleaner is general household appliance employed for cleaning aims. it cleans through creating suction. the electronic home appliance that is employed to wash the several types of clothes without applying any physical efforts is termed as a washing machine.
Vascular Cambium and Cork Cambium tutorial all along with the key concepts of Introduction to Vascular Cambium, Introduction to Cork Cambium and Economic significance of Cork Cambium
Separating the two roles will just be successful if the two individuals concerned strike up a good working relationship. To exploit the probability of success, the board should appoint to the roles individuals whose personalities appear to mesh.
www.tutorsglobe.com offers surface chemistry homework help, surface chemistry assignment help, online tutoring assistance, physical chemistry solutions by online qualified tutor’s help.
tutorsglobe.com nitrification assignment help-homework help by online nitrogen cycle tutors
tutorsglobe.com translocation of solutes assignment help-homework help by online mineral nutrition tutors
Theory and lecture notes of Non-Computable Functions all along with the key concepts of non-computable functions, Turing Machines, undecidable problems, Busy Beaver problem, Theorem on Rado. Tutorsglobe offers homework help, assignment help and tutor’s assistance on Non-Computable Functions.
introduction to physical chemistry tutorial all along with the key concepts of where is physical chemistry used, industries where physical chemistry is used, what is the importance of chemistry in everyday life
tutorsglobe.com marginal rate of substitution assignment help-homework help by online choices and preferences of consumer tutors
tutorsglobe.com glycolysis assignment help-homework help by online respiration tutors
tutorsglobe.com phospholipids assignment help-homework help by online lipid metabolism tutors
1932692
Questions Asked
3689
Tutors
1448644
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!