Cause the demand curve to be positively sloped

Assignment Help Business Economics
Reference no: EM131196101

A change in which one of the following factors may cause the demand curve to be positively sloped?

a) labor costs

b) supervisor/staff salaries

c) property tax

d) All the above

e) demand curve cannot be positively sloped if its a normal good.

Reference no: EM131196101

Questions Cloud

Decentralization of economic decisions in the economy leads : Some people (e.g., Hayek) argue that decentralization of economic decisions in the economy leads to an efficient resource allocation. What differences exist within the firm that make the link between de- centralization and efficiency less clear?
Application of t tests : Identify a research question from your professional life or career specialization that can be addressed by an independent samples t test.
Analyse the scm rights that buyers : Based on this statement analyse the SCM rights that buyers and consumers demands from businesses. Substantiate your answer with practical business examples
Determining the high-speed internet access : Part 1. A researcher wishes to estimate the proportion of adults who have high-speed Internet access. What size sample should be obtained if she wishes the estimate to be within
Cause the demand curve to be positively sloped : A change in which one of the following factors may cause the demand curve to be positively sloped?
How much total rental income must sarah report the year : Ricky has rented a house from Sarah since last year. The rent is usually $800 per month, but Sarah reduced the monthly rent down to $600 for all 12 months. How much total rental income must Sarah report this year?
What information is necessary to develop job descriptions : What information is necessary to develop job descriptions? What are some of the qualities of a well - constructed job description
Experienced appreciable political instability : You have been hired as an economic consultant for the nation of Ishtar. Ishtar is a developing nation that has recently emerged from a 10-year civil war; as a result, it has experienced appreciable political instability. Ishtar has a serious lack of ..
Importance of participative management in the public : Discuss control the authority society have over institutions that have to meet community needs Describe the importance of participative management in the Public Institutions

Reviews

Write a Review

Business Economics Questions & Answers

  Economics assignment

This document contains various important questions and their appropriate answers in the subject field of Economics.

  Demand and supply curves

Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.

  Long-run perfectly competitive equilibrium for the firm

Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..

  Supply and demand diagrams

Explain each of the following using supply and demand diagrams,  With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.

  Case study: fisher-price toys

The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.

  Draw the production possibility curve

Draw the production possibility curve and a. Define consumer surplus and producer surplus.

  Tax revenue

The Australian government administers two programs that affect the market for cigarettes

  Maximize total welfare

How many tickets to sell to maximize total welfare.

  Difference between the cv and the ev

The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled

  Depict von neumann-morgenstern utility index u in a diagram

Depict the von Neumann-Morgenstern utility index u in a diagram

  What is the market solution

What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution

  Calculate gross national product and net national product

Calculate gross national product and net national product

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