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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


How do you detemine the initial rate from the curve?

To determine the initial rate from a curve, you typically analyze the slope of the tangent line at the start of the reaction, where time is near zero. This involves plotting the concentration of reactants or products against time and identifying the point at the very beginning of the curve. The initial rate can be calculated by finding the change in concentration over a small change in time (Δ[concentration]/Δt) at this point. If the curve is nonlinear, you may need to use calculus to find the derivative at the initial point.


What does the perfect competition graph look like in the long run?

In the long run, the perfect competition graph shows a horizontal demand curve and a downward-sloping supply curve intersecting at the equilibrium point, where price equals marginal cost. This results in maximum efficiency and zero economic profit for firms.

Related Questions

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.


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.


What is the difference between a general normal curve and a standard normal curve?

A standard normal distribution has a mean of zero and a standard deviation of 1. A normal distribution can have any real number as a mean and the standard deviation must be greater than zero.