#economic teory and practise, Microeconomics

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how does economics bridge the gap between economic teory and practise

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Quantity supply, factor influencing quantity supplied

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#queIn a particular year, an organization earns cash revenues of Rs. 2,00,000. Total material and labour expenses are Rs. 1,09,000. The depreciation claimed on the equipment is Rs.

Perfect Competition, Consider the market for Kitty Litter. Assume this ind...

Consider the market for Kitty Litter. Assume this industry is purrfectly competitive and is presently in long-run equilibrium. Suppose people begin to prefer Dogs as pets and Cat

Elasticity of Demand , Assume that a shoe salesman learned the price elasti...

Assume that a shoe salesman learned the price elasticity of demand for her products is -1.5. How many percent will increase in total sales (revenue) if she cuts the price by 10%?

Variable and total cost curve , Variable and Total cost curve    ...

Variable and Total cost curve    * Consequently (from the table which is given): - MC initially decreases with increasing returns  0 through 4 units of output

Stoichiometry, 2ALBr3+3K2so4--->6KBr+1Al2(so4)3

2ALBr3+3K2so4--->6KBr+1Al2(so4)3

What are the three basic economic questions, What are the "three basic econ...

What are the "three basic economic questions" that economists often address when examining how much economic output is formed? The three basic questions are: a) what is prod

Obtain an expression for the allowed rotational energies, chemistry assignm...

chemistry assignments ,  obtain an expression for the allowed rotational energies of  N 2  molecules. The equilibrium bond length of the  N 2  molecules is  109.8 pm .

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