User Account

All Pages

Resource in the highly-valued market

Assignment Help Macroeconomics
Reference no: EM131039969

As resources move from low-valued uses in a resource market to highly-valued uses in another resource market, the price paid to the resource in the highly-valued market will tend to

a. not be affected.

b. increase, but only if the change is temporary.

c. decrease.

d. increase, but only if the change is permanent

Reference no: EM131039969

Questions Cloud

Pairs of food and clothing : Jane has £500 a week to spend on food and clothing. The price of food is £10 and the price of clothing is £25. Which of the following pairs of food and clothing are in Jane's choice set?
Barriers to international trade-tariffs-non-tariff barriers : There are two main barriers to international trade, tariffs and non-tariff barriers. For this discussion choose a country and illustrate at least 3 ways these barriers work and under what circumstances they might be applied.
Why people buy insurance : Why people buy insurance? How can insurance companies profit? What happens to expected utility when people can buy insurance at a fair market price?
Emphasis should be on background of the individuals studied : During the course, you will have learned that many theories on criminal behavior overlap, and that it is not uncommon for more than one theory to explain why the criminal act(s) occurred. Your paper should apply these theories of criminal behavi..
Resource in the highly-valued market : As resources move from low-valued uses in a resource market to highly-valued uses in another resource market, the price paid to the resource in the highly-valued market will tend to
Department of transportation provides the number of miles : The U.S. Department of Transportation provides the number of miles that residents of the 75 largest metropolitan areas travel per day in a car. Suppose that for a simple random sample of 70 Buffalo residents the mean is 22.7 miles a day and the stand..
Analyses the macro-environmental and geopolitical risks : Once the company has been approved by your lecturer you will be required to prepare a detailed strategic report to management that analyses the macro-environmental, geopolitical risks and opportunities, as well as overall market attractiveness of ..
What are the eight warehouse activities : What are the 8 Warehouse activities? Choose two and describe how each would apply to a Supermarket. Include in your description where the activity takes place and who performs the activity.
Conflict present in terms of the irr : Determine whether there is a ranking conflict present in terms of the IRR and the NPV. Explain your answer. If a conflict does exist, explain how you would resolve the situation.

Reviews

Write a Review

Macroeconomics Questions & Answers

  True or false questions on concepts of utility

If the price of a good decreases, the substitution effect shows the increase in the quantity of the good demanded, holding income constant.

  1 given the elasticities in question 2 and assuming that

1. given the elasticities in question 2. and assuming that higher gasoline taxes would not shift either the suv supply

  Calculate present worth of the cost

The Present Worth (PW) of the cost (- Installed cost and operating cost + Salvage value) of Westinghome is most nearly

  What is the affect of the tax on the marginal cost

The government of Dreamland is determined to deal with the smelly externality associated with the production, sale and enjoyment of puppies. If the government imposes a $50 tax per puppy on the producers of puppies, what is the affect of the tax o..

  Effects of consumption in aggregate demand of economy

In recent years, consumption spending by households has accounted for about 70% of the total spending (aggregate demand) in the U.S. economy.

  Where the is curve and the lm curve are of normal shapes

During the recent recession, when countries around the world suffered high unemployment rates and the governments were experiencing huge budget deficits, economists debated whether to raise or cut taxes or to raise or cut government spending.

  Flexible exchange rate and a fixed exchange rate

The "net exports effect" is the impact on a country's total spending caused by an inverse relationship between the price level and the net exports of an economy.

  Illustrtae what are the nominal rate of interest

Illustrtae what are the nominal rates of interest for both the United States and the euro area?

  Monopolist can not hire fewer employee and pay a lower wage

A monopolist can not hire fewer employee and pay a lower wage than a firm in a competitive labor market.

  Escribe the effect of such clauses on both the government

Describe the effect of such clauses on both the government, and other customers, noting, inter alia, the effect on the selling firmâ.

  How much did the increase in capital per hour of work

Suppose that real GDP per hour of work grew by 6 percent last year and the capital per hour of work grew 9 percent. Using the one third rule, by how much did the increase in capital per hour of work increase real GDP per hour of work?

  What price does the firm charge its customers

A has $1.5 million in sales, a Lerner index of 0.57 and a marginal cost of $50. The firm competes against 800 other firms in its relevant market a. What price does this firm charge its customers? b. What is the firm's markup factor? Wh..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd