Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Q. Show factors that govern the Price Elasticity of Demand?
a. The number and closeness of the substitutes- The more and the better the substitutes, the grater is the Price Elasticity of Demand. For a small percentage change in price, there would be a large percentage change in quality demanded b. Number of uses the commodity satisfied- The grater the number of uses of the commodity, the grater is its Price Elasticity of Demand. c. Time period- The grater the time period, the greater is the Price Elasticity of Demand. The percentage change in quantity demand is greater in the long run for the same percentage change in price d. Proportion of income spent on the commodity- The grater the proportion of income spent on the commodity, the larger the Price Elasticity of Demand e. How narrowly the commodity is defined- the more narrowly the commodity is defined, the greater is its Price Elasticity of Demand.
What is banking?
A sample of 57 mutual funds was taken and the mean return in the sample was 14.1% with a standard deviation of 9.2%. The return on a particular index of stocks (against which the m
discuss different forms of foreign exchange regimes
what does phillip curve signify? how do you reconcile the difference in the shap of the curve in the short run and the long run?
if a 10% decrease in the price of product A brings about a 3% increase in the sales of product B, then a. product A and B are complementary b. the cross elasticity of demand
Suppose a major brokerage firm advised its clients to buy cigarette stocks under the assumption that, if consumer incomes rise by 50% as expected over the next decade, cigarette sa
Historically, shifts toward a more expansionary monetary policy have often been associated with increases in real output. Is this surprising? Why or why not? Can an expansion in th
Suppose the price elasticity of demand for used cars is estimated to be 3 what does this mean?
what are the two precautions required while estimating national income by value added method?
compare and contrast the monetarism economics and the keynesian economics
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd