The distinction between supply and the quantity supplies

Assignment Help Business Economics
Reference no: EM131071588

The distinction between supply and the quantity supplies is best made by saying that supply is represented graphically by a curve and quantity supplied as a point on that curve. why?

Reference no: EM131071588

Questions Cloud

Production function and marginal product of labour function : Soundscape Enterprises manufactures Sonoblast, a device that produces a high-pitched reminder to telemarketers that they have once again disturbed you just when you were sitting 1⁄2 down to dinner. Give the formulas for the short-run production funct..
Description of the business/organization : Examples could be not answering phones, not having enough cash registers, rude employees, not being opened on time, etc.
System of traffic regulation called electronic road pricing : Singapore has a system of traffic regulation called Electronic Road Pricing, in which traffic congestion is reduced by charging motorists who drive into the city center during certain hours of the day. Charging for use of a road is shifting from a th..
Analyze the importance of standardized data collection : Analyze the importance of standardized data collection and reporting in health care, and support your response. Next, determine two functions of standardized data collection that could improve the quality of health care services on a global scale...
The distinction between supply and the quantity supplies : The distinction between supply and the quantity supplies is best made by saying that supply is represented graphically by a curve and quantity supplied as a point on that curve. why?
Insurance companies can reduce the moral hazard problem : One way that insurance companies can reduce the moral hazard problem is to:
Determine defamation against a public official : The legal test used by the courts to determine defamation against a public official or a public figure. The actual malice test requires the public official or public figure to prove not only that the statement was false
How many years will it take for the population to triple : A small city is beginning to experience a large population growth of 10% per year. At the end of 2010 the population was 16,000 people. If the growth rate continues, how many years will it take for the population to triple?
Which of the following are components of market intelligence : Which of the following are components of market intelligence?

Reviews

Write a Review

Business Economics Questions & Answers

  What are the effects if population decreases

In the classical model if there is a decrease in capital stock, what are the effects on labor demand, real wages, and output? (Increase or decrease) What are the effects if population decreases?

  Capital investment affect marginal physical product of labor

How does capital investment affect the marginal physical product of labor? Does more college education have the same kind of effect? Which is a better investment?

  Explain the effects of the imposition of an export tax

Using a demand/supply diagram, illustrate and explain the effects of the imposition of an export tax on a good Y by a home country’s government on (i) the home country’s consumers of Y, (ii) the home country’s producers of Y, and (iii) the home gover..

  Discuss at least two pricing strategies

You operate a small but popular and profitable restaurant/bar in a college town. Discuss at least two pricing strategies you can use to increase your revenues and analyze them in terms of their ability to generate additional profits.

  Cite at least two other ways which consumers goods

Defenders of communist economic systems may point out that consumers pay lower prices for certain goods because the government imposes a limit. Cite at least two other ways which consumers may be paying for these goods

  Here are five values for different types of elasticity

Here are five values for different types of elasticity. Assume that prices rose by 10% in the calculations for the price elasticity of demand and also in the calculations for the cross price elasticity of demand. In a multi-paragraph essay, explain w..

  Control create an inefficient allocation of resources

Why does rent control create an inefficient allocation of resources?

  Provide optimal wage-bonus package

Provide optimal wage-bonus package, compute this employees' effort, expected payoff and employer's profit. Draw a game tree for employer-employee game in parts a-c.

  Condition to be expected at the trough of the business cycle

______ signals that a recovery is coming, and is a condition to be expected at the trough of the business cycle.

  Particular competitive market-private marginal cost

In a particular competitive market, the sellers have private marginal cost (PMC) equal to 2.5 at every output level. The demand curve has the equation P = 52.5 − (5Q/2), where Q ≤ 21 is the quantity bought at price P ≤ 52.5. Find the competitive equi..

  What types of unemployment are the most serious

The issues that you have been asked to report are if the labour market is working properly why does Australia experience simultaneous periods of unemployment and job vacancies?

  Freedom of speech part of the first amendment

First Amendment - Freedom of Speech Part of the First Amendment to the Constitution of the United States says that Congress shall make no laws abridging the freedom of speech. However, there are laws that prohibit the use of certain offensive languag..

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!

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