Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Microeconomics Expert

The goal of the supplier of a product or service in a market economy is:

a. the use of scarce resources subject to the constraint of taxes.

b. the use of scarce resources subject to the constraint of available profit.

c. profits subject to the constraint of scarce resources.

d. profits subject to the constraint of income.

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M91236277

Have any Question?


Related Questions in Microeconomics

Question the brazilian real devalued by approximately 40 in

Question: The Brazilian real devalued by approximately 40% in 1999. Assume that Brazil's largest trading partner is Argentina. What effect would this eventually have on the Argentine peso even if that country had a balan ...

Question explain if you feel society should attempt to

Question: Explain if you feel society should attempt to equalize income or economic opportunities. Are the issues of equity and equality in the distribution of income synonymous? To what degree, if any, is income inequal ...

Question workers comp is a specific choice by an individual

Question: Workers comp is a specific choice by an individual firm. A. Explain and show graphically, with reference to indifference curves and Isoprofit curves, why there has been growth in fringe benefits relative to wag ...

Question a define crisis management what should a company

Question: a. Define crisis management. What should a company facing a crisis do to satisfy its stakeholders and protect its reputation? b. Describe the process of developing stakeholder relationships. What parts of the p ...

Question what are the highest and lowest payments from the

Question: What are the highest and lowest payments from the writer that the beekeeper- farmer team will accept for the sixth day? Assuming that the farmer can dispose of $7 from the writer as she wishes, what range of pa ...

Question southern california edisons prices service quality

Question: Southern California Edison's prices, service quality, and investments in new facilities are pervasively regulated by governments under long-standing rules. Do you expect that a given decision will be made at a ...

Question for each of the following absolute values of price

Question: For each of the following absolute values of price elasticity of demand, indicate whether demand is elastic, inelastic, perfectly elastic, perfectly inelastic, or unit elastic. In addition, determine what would ...

Question you can buy a crane for 100000 that will bring an

Question: You can buy a crane for $100,000 that will bring an annual income of $20,000 in year-0 dollars. The service life of the equipment is 10 years and it will be depreciated using straight line method with a salvage ...

Question the cost of maintaining a new care is estimated at

Question: The cost of maintaining a new care is estimated at $295 the first year and to increase by $50 each year thereafter. How much should be set aside for maintenance, if the car is to be kept 10 years and if the mon ...

Question a tropical country can produce winter coats but

Question: A tropical country can produce winter coats, but there is no domestic demand for these coats. Would this country gain from free trade in winter coats? How? The response must be typed, single spaced, must be in ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As