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Card 5 / 15:
What is the formula for the cross-price elasticity of demand?
The course author didn't provide an answer for this question
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Questions & Answers
It's tariff not traoff
DASRAT
a balance achieved between two desirable but incompatible features; a compromise.
SHARMAKE
these problems of scarcity are been face by household companies and nation at large
will you please explain it more😭
kainat
i am economist and i need helping to be perfect person in that field
Dr
scarcity is inevitable as it ensures sanity and sanctity among men. it's alled 'the Lord's act'.
The issue of the victims is just a simple one of Cause and Effect. Somebody or entity must be a recipient of whatever.
tolu
I wanna know something
kainat
what is the meaning of scarcity of resources in microeconomics ?😢
kainat
it's mine assignment .. I have to submit it before Friday n i m much confused about it
kainat
limited in supply relative to demand
Muafue
n what about their factors ?
like..
what to produce
how to produce
& for whom to produce
kainat
these problems of scarcity are been face by household companies and nation at large
Muafue
determinants of elasticity of supply
The price elasticity of supply =%Change in quantity supplied
Nkosingiphile
%♢qty ss of A/ %♢ in price of A
tolu
Cross elasticity %
%♢ in qty of A/ %♢ in price of B
tolu
How does market failure arise from the characteristics of public goods
can i be the part of discussion
Zahoor
us. finite is the meaning amount of resources avaible . of the. only. good. finite amount of there I only point the is I want you to be on my side
there are how many types of demand?
dicejd sacracrity what that mean
vacation laughing meditiin joke I made if pasted I was going on vaction
Samantha
1- how to determine the optimal level of output and price in the short run?
2-how to calculate the economic profit (loss) the firm will obtain(incure)in monopolistic competition faces short run demand and cost functions as Qd=20-0.5P and TC=4Q -8Q+15
its hair care firm but tinted it doesn't natraully grow in the two week spand so you put cap on top and or weave so it grow natural to cover a patch
Samantha
something u own or valuable
Michel
In Accounting, asset is anything that is owned by the business.
James
economic item used for father more production
Dicklearz
give the dimand equation QD=24-2p find the inverse dimand equation
Kadir
it huge score its of hair care hydge
Samantha
invest ment on one self
Samantha
proudtion is product of personal apprences quality is guilty I go to the shop
Samantha
sometimes I go to the shop my hair solono lady past
Samantha
so I have quipt my self to handle thing of higher in quality my self
Samantha
when there in avabilty
Samantha
what asset my apprences is improvement is my its my priduct
Samantha
falls under self growth and worth
Samantha
what is Asset your market value of your top roman
Samantha
Discuss the following questions in detail.
1, Suppose a firm operating under a perfectly competitve market structure is in its equilibrium. Does mean the firm is making excess profit?if no, show the possibilities regarding the amount of profit under equilibrium position.
2, Discuss the distinction b
in long run a perfectly competitive firm is making only normal profits ,
Rather
Can I be part of this discussion?
James
Workout. Show the steps clearly.
1, Suppose a firm in a perfectly competitive market structure has the following total cost function, ( TC=6000+4Q-24Q the power 2 + 4Q the power 3 ) if market ptice is 40, find
A, Equilibrium level of output produced by the firm in order to maximize its profit.
B,
Discuss the following questions in detail.
1, Suppose a firm operating under a perfectly competitve market structure is in its equilibrium. Does mean the firm is making excess profit?if no, show the possibilities regarding the amount of profit under equilibrium position.
2, Discuss the distinction b
Sura
Source:
OpenStax, Microeconomics. OpenStax CNX. Aug 03, 2014 Download for free at http://legacy.cnx.org/content/col11627/1.10
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