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the demand for commodity x cab be described as completely price inelastic if :
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Is MPC less than APC in the short-run under keynesian macroeconomics?
APC is equal to MPC
Is the decision to shutdown made in the short run or long run?
It is made in the short run
Difference between short run demand and long run demand?
In microeconomics, the long run is the conceptual time period in which there are no fixed factors of production, as to changing the output level by changing the capital stock or by entering or leaving an industry. The long run contrasts with the short run, in which some factors are variable and others are fixed, constraining entry or exit from an industry. In macroeconomics, the long run is the period when the general price level, contractual wage rates, and expectations adjust fully to the state of the economy, in contrast to the short run when these variables may not fully adjust
WHAT IS Short run consumption function?
short run consumption function
What is short-run cost function?
what is short-run cost function
Is MPC less than APC in the short-run under keynesian macroeconomics?
APC is equal to MPC
What is Short-run cost?
In economics, short-run cost means that some factors are variable while others are fixed restricting entry or exit from the industry. The usage of long-run and short-run in macroeconomics differs from the macroeconomic usage.
Is the decision to shutdown made in the short run or long run?
It is made in the short run
Difference between short run demand and long run demand?
In microeconomics, the long run is the conceptual time period in which there are no fixed factors of production, as to changing the output level by changing the capital stock or by entering or leaving an industry. The long run contrasts with the short run, in which some factors are variable and others are fixed, constraining entry or exit from an industry. In macroeconomics, the long run is the period when the general price level, contractual wage rates, and expectations adjust fully to the state of the economy, in contrast to the short run when these variables may not fully adjust
WHAT IS Short run consumption function?
short run consumption function
What is short-run cost function?
what is short-run cost function
Do Nike shoes run short?
Yes. nike shoes run short i had 2 get a half size down because they run short
Is monetary policy neutral in both the short run and the long run?
Monetary policy is not neutral in the short-run but neutral in the long-run. Besides, fiscal policy is not neutral in both short-run and long-run.
What is a short fast run called?
A short, fast run is called a sprint.
Why are firms willing to accept economic losses in the short run but not the long run?
There are sunk cost in the short run but not in long run.
Which energy resources is cheaper in the short run In the long run?
Well in the short run, it is sunlight. In the long run, it is clean energy.:)
Which energy resource is cheaper in the short run In the long run?
Well in the short run, it is sunlight. In the long run, it is clean energy.:)
