Microeconomics Answers

plz tell me the production theory which showed that energy and capital are perfectly substitutable or any theory name which discuss labor and energy but ignoring the capital in production model

Compare and contrast business environments in Sri Lanka and any
other selected country of your choice. How do you advise investors for
establishing their businesses in selected countries and what would you
recommend for government economic policy makers to improve the
prevailing business environment in each country.

Firm has 2400 quantity and v.c is 2.70 new supplier reduced the new v.c is 2.30 and also added advertisement cost 3000 in cost profit 10000 profit contribution 25%of the revenue? ??
T.c
C
Tr
B.e.p
New t.c

is substitution effect always positive

What market structure is used to benchmark allocative efficiency and why do we use it? Illustrate and explain using a diagram

What market structure is used to benchmark allocative efficiency and why do we use it? Illustrate and explain using a diagram

Are there any advantages to a single market seller and how do they compare to its perceived disadvantages.

In a two sector model ,demonstrate with the aid of appropriate diagram that the three approaches of measuring national income of a country yield identical results.

Determine whether the following are true or false. Explain you answer.

1. A ban on fishing in some fishing communities in a country will lower the price of fish

2. Protecting local textile manufacturers from Chinese clothing imports will lower the clothing price in that locality.

3. The rapid increase in price for toilet rolls in a country will lower the demand for toilet rolls.

4. The war against drugs, with increased interdiction of imported cocaine, will lower the price of domestically produced marijuana.

Illustrate and explain using diagrams, the difference between long run supply in a constant cost individual firm and industry and an increasing cost firm and industry