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What happens to the income multiplier if the aggregate supply curve is vertical?
the multiplier is zero.
Why marginal revenue curve is twice as steep as demand curve in various market structure?
The calculus-free answerThink of the effect incremental increases in quantity have on total revenue. Make a simple graph with a demand curve and draw boxes representing total revenue. Notice how the total area of the box (representing the total revenue) varies as quantity increases. With a linear demand curve, as you move down the curve the box becomes larger and larger in area until you reach the curve's midpoint. This means that the MR up to this point was positive because TR was increasing. After this point the area of the box declines, this means that from this point forward the MR is negative because TR is decreasing. This is why the MR curve hits zero at half the quantity the demand curve hits zero. Hope this helps. -DVE
Difference between learning curve and experience curve?
difference between leaning curve and experience curve
What is difference between individual supply curve and market supply curve?
The difference between individual supply curve and the market supply curve is tat individual supply curve is like a firm. To be able to get the market supply curve you have to have the individual supply curve.
What does socially optimal means in economics?
The socially optimal point of production for a firm in a monopolisticly-competitive industry, or in a monopoly, or in an oligopoly is the point where the average cost curve (ATC) intersects the demand curve (or average revenue curve). At this point, the total profit of the monopoly is zero, so the point is said to be "socially optimal" as the firm does not retain any profits from its operation, and all the benefits of running the business are passed on to society.
How many curve are there on a circle?
1 since the one curve is the whole thing
As a curve approaches a maximum point the slope will do what?
The slope of the tangent line at the maximum point of the curve is zero. So we say that as a curve point approaches to the maximum point, the slope of the tangent line at that point approaches to zero.
What is the meaning of pure yield curve?
The pure yield curve uses stripped or zero coupon Treasuries.
How do you invert the numerator and denominator?
Provided the numerator is not zero, simply swap them.
Why successive lines with a change in slope look like a curve?
A curve is formed by lines. If the length of these lines is reduced to zero, we get a very smooth curve.
Can they track you if you find a blackberry 8520 curve if you swap simcards?
no they cant but u should distroy the chip
What is reciprocal of zero divided by one?
Swap the numerator and the denominator to obtain 1/0. Anything divided by zero is undefined.
Will you swap me Torres hundred club for sub zero stig?
no, stig is sub zero and terry hasn't got a cool, uncool, sub zero, rating
Is Subzero a pallette swap of Scorpion or is Scorpion a pallette swap of Subzero?
Scorpion is a palette swap of Sub-Zero, just like Luigi is to Mario. That's why he clearly doesn't have a full story in the first game.
What is the relationship between swap rates and par yields?
The swap rate for a particular maturity is the average of the bid and offer fixed rates that a market maker is prepared to exchange for LIBOR in a standard plain vanilla swap with that maturity. The swap rate for a particular maturity is the LIBOR/swap par yield for the maturity. The swap rate can also be defined as the fixed rate in an interest rate swap that causes the swap to have a value of zero.
What happens to the income multiplier if the aggregate supply curve is vertical?
the multiplier is zero.
How do you find the ponts of inflexion on a curve?
At the point of inflexion:the first derivative must be zero. the second derivative must be zero, if the next derivative is zero then the one following that must also be zero.
