Warning: implode(): Invalid arguments passed in /www/wwwroot/jobquiz.info/mdiscuss.php on line 336
The upper section of a kinked demand curve has a -price elasticity than the lower part.? ?->(Show Answer!)
Question Set

1. The upper section of a kinked demand curve has a -price elasticity than the lower part.?





Ask Your Doubts Here

Type in
(Press Ctrl+g to toggle between English and the chosen language)

Comments

Show Similar Question And Answers
QA->Ram bought a Bag at 20% discount on its original price. He sold it with 40% increase on the price he bought it. The new price is by what percent more than the original price....
QA->R is taller than X, but shorter than Z, Q is taller than Z, Y is taller than X, but shorter than R, Who is the shortest?....
QA->In Kiran’s opinion, his weight is greater than 65 kg but less than 72 kg. His brother does not agree with Kiran and he thinks that Kiran’s weight is greater than 60 kg but less than 70 kg. His mother’s view is that his weight cannot be greater than 68 kg. If all are them are correct in their estimation, what is the average of different probable weights of Kiran?....
QA->Suresh purchased a tape recorder at of its selling price and sold it for 8% more than its selling price. What is the percentage of profit?....
QA->A trader marks an article at 30% more than the cost price. He gives 10% discount to his customers and gains Rs. 25·50 per article. The cost price of the article is—....
MCQ->The upper section of a kinked demand curve has a -price elasticity than the lower part.?....
MCQ->Read the following passage carefully and choose the most appropriate answer to the question out of the four alternatives. Most economists in the United States seem captivated by the spell of the free market. Consequently, nothing seems good or normal that does not accord with the requirements of the free market. A price that is determined by the seller or, for that matter (for that matter: so far as that is concerned), established by anyone other than the aggregate of consumers seems pernicious. Accordingly, it requires a major act of will to think of price-fixing (the determination of prices by the seller) as both "normal" and having a valuable economic function. In fact, price-fixing is normal in all industrialized societies because the industrial system itself provides, as an effortless consequence of its own development, the price-fixing that it requires. Modern industrial planning requires and rewards great size. Hence, a comparatively small number of large firms will be competing for the same group of consumers. That each large firm will act with consideration of its own needs and thus avoid selling its products for more than its competitors charge is commonly recognized by advocates of free-market economic theories. But each large firm will also act with full consideration of the needs that it has in common with the other large firms competing for the same customers. Selling a commodity at a price that is not more than that charged by competitors is....
MCQ->A two stage amplifier has an upper cutoff frequency of 2 MHz and a lower cutoff frequency of 2 MHz and a lower cut off frequency of 30 Hz. If both stages are similar, their individual upper and lower cut off frequencies respectively are....
MCQ->In order to help the poor strata of the society, the government provides them food grains from the buffer stock at a price much lower than the market price. This subsidized price is known as?....
MCQ->Two mobile phones were purchased at the same price. One was sold at a profit of 20% and second was sold at a price which was INR 1520/- less than the price at which the first was sold. If the overall profit earned by selling both the mobile phones was 1%, what was the cost price of one mobile phone....
Terms And Service:We do not guarantee the accuracy of available data ..We Provide Information On Public Data.. Please consult an expert before using this data for commercial or personal use | Powered By:Omega Web Solutions
© 2002-2017 Omega Education PVT LTD...Privacy | Terms And Conditions
Question ANSWER With Solution