The long-run supply curve for gem diamonds is positively sloped because increases in diamond output increase the
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 57% (7 reviews)
A decision by people to no longer buy diamond engagement rings would have adverse consequ...View the full answer
Answered By
Somshukla Chakraborty
I have a teaching experience of more than 4 years by now in diverse subjects like History,Geography,Political Science,Sociology,Business Enterprise,Economics,Environmental Management etc.I teach students from classes 9-12 and undergraduate students.I boards I handle are IB,IGCSE, state boards,ICSE, CBSE.I am passionate about teaching.Full satisfaction of the students is my main goal.
I have completed my graduation and master's in history from Jadavpur University Kolkata,India in 2012 and I have completed my B.Ed from the same University in 2013. I have taught in a reputed school of Kolkata (subjects-History,Geography,Civics,Political Science) from 2014-2016.I worked as a guest lecturer of history in a college of Kolkata for 2 years teaching students of 1st ,2nd and 3rd year. I taught Ancient and Modern Indian history there.I have taught in another school in Mohali,Punjab teaching students from classes 9-12.Presently I am working as an online tutor with concept tutors,Bangalore,India(Carve Niche Pvt.Ltd.) for the last 1year and also have been appointed as an online history tutor by Course Hero(California,U.S) and Vidyalai.com(Chennai,India).
4.00+
2+ Reviews
10+ Question Solved
Related Book For
Intermediate Microeconomics and Its Application
ISBN: 978-1133189039
12th edition
Authors: Walter Nicholson, Christopher M. Snyder
Question Posted:
Students also viewed these Economics questions
-
In your own words, explain why a decision support system (DSS) can add to the value of a marketing information system. Give an example of how a decision support system might help.
-
The Green Company produces chemicals in a perfectly competitive market. The current market price is $40; the firms total cost is C = 100 + 4Q + Q2. a. Determine the firms profit-maximizing output....
-
The idea of using the difference between the market value of the firm and accounting book values as an indicator of market power and/or valuable intangible assets stems from the pioneering work of...
-
Explain how you solve problems during the implementation of your projects. Does this operate as a formal approach and/or use specific supportive techniques?
-
Pick a business in the community, and find a creative way to change either the product/ service or the way it is delivered to customers. How does your innovation add value to the business, and how...
-
The comparative statements of financial position for Ramirez Company as of December 31 are presented on the shown below. Additional information: 1. Operating expenses include depreciation expense of...
-
Can you present a graphic that presents the payroll disbursement amounts by date for the contact employee who has been terminated but has been paid after termination (i.e., ghost employees)?
-
Becton Labs, Inc., produces various chemical compounds for industrial use. One compound, called Fludex, is prepared using an elaborate distilling process. The company has developed standard costs for...
-
The external audit report suggests that the auditing firm sells software that is "bullet-proof" on upcoding but maximizes income. The finance committee receives and discusses the report. The most...
-
a. To simplify the analysis, assume for now that there is virtually no turnaround time between flights so the next flight can begin as soon as the current flight ends. (If an immediate next flight is...
-
Dr. E. is an environmentalist and a critic of economics. On The Charlie Rose Show, he attacks this book: "That text is typical-it includes all of this nonsense about long-run supply elasticities for...
-
A fledgling microeconomics student is having some trouble grasping the concept of short-run producer surplus. In exasperation, he blurts out, "This is absolute balderdash. I can understand that...
-
Discuss whether either of the following contracts will be unenforceable on the ground that voluntary consent is lacking: (a) Simmons finds a stone in his pasture that he believes to be quartz....
-
A study conducted on a college campus found that students soliciting donations from other students were twice as effective when they began their request by saying I am a student here, too.43 How...
-
Experts say that a businesss Facebook post should include a call to action within the first 90 characters. Why is it important to include a call to action early in the post?
-
The Onceler has clear-cut a forest of Truffula trees and is considering replanting. If he replants, in 40 years he will have another stand of trees to harvest, and he will earn an (inflation...
-
The Japanese company Line designed a popular messaging app that allows people to message with stickers: cartoons of cute animals (and people) accompanied by captions like thank you, of course, and...
-
An Amazon.com book search reveals a book titled Learning Management Systems Market Trends dated September 2001. Would you include this book in your research on learning management systems? Why or why...
-
Solve each differential equation by variation of parameters. y'' + 3y' + 2y = sin e x
-
Write the binomial probability in words. Then, use a continuity correction to convert the binomial probability to a normal distribution probability. P(x 110)
-
Explain why using the midpoint formula for calculating the elasticity of demand gives the same result whether price increases or decreases, but using the initial price and quantity instead of the...
-
Why is a more narrowly defined good (pizza) likely to have a greater elasticity of demand than a more broadly defined good (food)?
-
If the elasticity of demand for hamburgers equals 1.5 and the quantity demanded equals 40,000, predict what will happen to the quantity demanded of hamburgers when the price increases by 10 percent....
-
15.5 kg is moving due east with a speed VA = 7.80 m/s, while object (B) of mass mB = 30.0 kg is moving in a direction that makes angle of 58 north of east with a speed VB = 5.20 m/s. The two objects...
-
An object is launched horizontally from the top of a cliff with an initial speed of 1 5 m / s . When the obiect has traveled a horizontal distance of 4 0 meters, how far below the launch point is the...
-
200 cubic metres of hot humid air are being cooled. The original air is at 33.5 degrees Celsius and has a relative humidity of 70%. It is cooled to 20 degrees Celsius. How much water condenses from...
Study smarter with the SolutionInn App