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satela [25.4K]
2 years ago
15

Difference between partial equilibrium and general equilibrium in the simplest form​

Business
1 answer:
aleksandrvk [35]2 years ago
4 0

Answer:

In a partial equilibrium model, you are ignoring feedback that may result from related markets. ... Normally, in a general equilibrium model, the equilibrium quantities and prices in all markets are endogenous.

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A firms supply curve is equal to _________________ above the minimum point on the ________________curve. Select the correct answ
Sergio [31]

Answer:

The correct answer is: marginal cost; average variable cost.

Explanation:

The supply curve of a perfectly competitive firm is equal to its marginal cost curve above the minimum point of its average variable cost. This happens because the firm supplies at the point where its price is equal to marginal cost and covering the average variable cost.  

In case the product price does not cover the average variable cost, the firm will stop production.

3 0
3 years ago
E-Flix rents DVDs that are mailed out to customers upon demand. E-Flix has identified three activities involved in getting the v
bulgar [2K]

Answer:

b. $1.87

Explanation:

Number of order taking costs = $20,592

Number of orders = 187,200

Cost of activity

= $20,592 ÷ 187,200

= $0.11

The Statement of overhead allocated is given below:-

Number of orders = 17

Cost per activity = $0.11

Cost

= 17 × $0.11

= $1.87

Therefore, the overhead is applied to the Tucker family account for order taking costs $1.87

8 0
3 years ago
The government might enact a price ceiling in order to accomplish what
uysha [10]
A limit of spending of the government, 
5 0
3 years ago
Read 2 more answers
A statute that imposes a 10-year jail sentence for driving while intoxicated would be best classified as _______________________
tester [92]

Answer:

a. Civil, procedural, and public.

Explanation:

A statute that imposes a 10-year jail sentence for driving while intoxicated would be best classified as civil, procedural, and public.

7 0
3 years ago
The proteins that exert the greatest colloid osmotic pressure to maintain blood volume and blood pressure are called.
lesya [120]

The proteins that exert the greatest colloid osmotic pressure to maintain blood volume and pressure are called: Serum Albumin.

<h3>What is Serum Albumin?</h3>

Serum Albumin is a form of protein that is located in blood plasma. It makes up about 55% of the proteins in blood plasma.

Serum albumin also exerts the greatest colloid osmotic pressure that amounts to 22 mm Hg. This figure is followed by the globulins that account for pressure of just 6 mm Hg.

Learn more about Serum Albumin here:

brainly.com/question/2456851

8 0
2 years ago
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