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Questions in Business tagged with "demand"

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  If supply is perfectly elastic why do the buyers pay the full tax even though the tax may be placed entirely on the sellers?

  Posted by fgfghghj on Oct 28, 2009 at 09:23 PM

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  PRICE IS 10 DOL,  QS IS 50 UNITS, AND THE QD IS 100 UNITS. FOR EVERY 1 DOL RISE IN PRICE, QS RISES BY 5 UNITS AND QD FALLS BY 5 UNITS

  Posted by jhghjhygt on Oct 28, 2009 at 01:02 PM

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  Can you identify the error in the following statement about demand curves?

  Posted by hgfjjhbj on Oct 28, 2009 at 10:41 AM

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  Using a diagram, relate the high petrol prices with demand for higher cc engine cars.

  Posted by nyzaayob on Oct 26, 2009 at 12:00 AM

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  Explain the concept price elasticity of demand and distinguish between elastic and inelastic demand. Give examples.

  Posted by ndeeza on Sep 25, 2009 at 08:46 AM

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  What would be the effect of increase in supply on the equilibrium price?

  Posted by sem on Jun 16, 2009 at 04:18 PM

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  Analyse, in brief, the market for rice in New Zealand. Use the supply & demand model to explain your answer.

  Posted by pawgill on Nov 2, 2008 at 07:19 PM