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What is pipe haunch?
Is the top portion or bottom portion of the curve of the pipe.
Is an increase in demand represented by a movement up the demand curve?
An increase in demand is represented by a shift of the demand curve to the right; not a movement along the demand curve. An increase in the quantity demanded would be a movement down the demand curve.
Which market structure is the demand curve of the market represented by the demand curve of the firm?
oligopoly
A decrease in supply is represented by?
Shift of the curve to the left.
What portion of the meander has the most erosion?
the middle curve
How are Graphics represented?
Graphic are represented using geometrical primitives such as lines, points, curve, shapes or polygons.
How is an increase in demand represented?
by a shift to the right of the demand curve
What is the maximum O.D that is within the linear portion of the curve?
300
A reduction in the level of unemployment would have which effict with respect to the nation's production possibilities curve..........?
It would not shift the curve; it would be represented by moving from a point inside the curve toward the curve.
An increase in quantity supplied is represented by?
An increase in quantity supplied is represented by demand.
What is a firm's short run supply curve?
A perfectly competitive firm's supply curve is that portion of its marginal cost curve that lies above the minimum of the average variable cost curve.
What name is given to a statistical graph where a quantity is represented by a curve and has the same value everywhere along the curve?
Contour Map
