The responsiveness of a good's demand to changes in the Firm's spending on advertising is called —
Advertisement Elasticity is the percentage change in
Advertising Elasticity is generally
Supply can be referred as —
The Supply of a product refers to —
Supply refers to ________
Supply refers to the quantity of goods or services, that are willing and able to offer to the market at various prices during a period of time.
Supply Quantity is the same as Sales Quantity. This statement is —
Supply refers to what Firms offer for sale, and not necessarily to what they succeed in selling. This statement is —
To constitute Supply, the Producing Firms must have
Stock refers to quantity _ into the market, whereas Supply refers to quantity __ into the market.
The meaning of time element in economics is
Which of the following factors is not a determinant of Supply?
When lower quantities are supplied, due to changes in factors other than price, it is called
Generally, higher the prices of products, higher the
Generally, Supply of a Product X will be ___________________________________ if the prices of goods other than X decrease.
Other things being equal, if the Cost of Production of a commodity is higher, quantities thereof will be supplied to the market.
Other things being equal, if the Cost of Production of a commodity is lower, quantities thereof will be supplied to the market
Inventions and Innovations lead to —
Other things being equal, the supply quantity of a product is related to price of related goods.
Elasticity of Supply refers to the degree of responsiveness of supply of a good to changes in its
Which of the following has the lowest Price Elasticity of Supply?
In which of the following type of product, is the Elasticity of Supply lowest?
A Horizontal Supply Curve parallel to the quantity axis implies that the Elasticity of Supply is —
In the table below, what will be Equilibrium Price?
Supply
400
500
3
800
600
700
1000
1100
. ................. refers to the amount of money which a firm realizes by selling certain units of a commodity .
Under which of the following conditions, industry is said to have attained long run equilibrium?
. In which of the following market situation are the firms mutually interdependent in pricing output decisions?
A monopolist may determine either ............ or ............ , but he cannot determine ............
When all the firms are functioning with normal profit, ................. is said to be in equilibrium.