long run supply
Illustrate and explain using diagrams, the difference between long run supply in a constant cost individual firm and industry and an increasing cost firm and industry.
Differentiate between planned and actual saving and investment. Answer: There is a big difference between (a) planned S and I and (b) Actual saving and investment.<
Can there be certain fixed cost in long run? If not why? Answer: No, there can’t be any fixed cost in long run. The main reason is that there is no fixed inpu
One of my friends can't discover the solution of this question. So he is not capable to complete his assignment. Give answer of this question. Are there any limits or constraints onto the enterprise’s capability to grow and change?
I have a problem in economics on Problem on sole Proprietorships. Please help me in the following question. The form of business association with the greatest potential financial liability for its owners is the: (1) Corporation. (2) Sole proprietorshi
What happens to ATC if MC < ATC? Answer: ATC will down or fall.
‘How be supposed to the government decide whether to spend in additional rail safety measures?’
Refer to the given figure.Choose the right answer from following. If the relevant saving schedule were constructed: A) saving would be minus $20 billion at the zero level of income. B) aggregate saving would be $60 at the $60 billion level of income. C) its slope woul
why is marginal revenue product=marginal resource cost a formula for profit maximization?
Guidelines for Estimating Times and Costs: Determine responsibilities. Use many people to estimate. Base estimates on general conditions. Select time units, and be consistent in their use. Indepen
I have a problem in economics on Collective Bargaining-John Hicks model. Please help me in the following question. Sir John Hick’s model of the collective bargaining doesn’t describe: (1) Final wage settlements. (2) The period of strikes.
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