Ask questions and get helpful responses.
Ask a New Question
  1. Questions

Microeconomics

Suppose rampant fears of Mad Cow disease cause a decrease in demand for beef. What will be the short-run effects of the declining demand for beef on the firm and the market? What will be the long-run effects? Explain in words and graphs. ---Try this first assuming the beef industry is a constant cost industry. Then try it assuming the beef industry is an increasing cost industry.----


I will be happy to critique your thinking on this.

  1. 👍
  2. 👎
  3. 👁
  4. ℹ️
  5. 🚩
Jarmisha

Respond to this Question

First Name

Your Response

Similar Questions

  1. Macroeconomics

    (Supply and Demand) How do you think each of the following affected the world price of oil? (Use basic supply and demand analysis.) a. Tax credits were offered for expenditures on home insulation. b. The Alaskan oil pipeline was

  2. Microecomonics (am i right..URGENT PLEASE)

    11. If an economy has to sacrifice increasing amounts of good X for each unit of good Y produced, then its production possibilities curve is: (Points: 3) bowed out from the origin. I PICKED THIS ONE bowed in toward the origin. a

  3. Microeconomic

    1. Supply and Demand. Elasticities. Suppose you have the following information about the supply and demand in the market: QD = 15000 – 500*P QS = -6000 + 3000*P a. What is the equilibrium price and quantity? b. What would be the

  4. Environmental Science

    1. A prion is an infectious, self-reproducing protein structure. True X False 2. As one organism eats another, toxins can be spread throughout the food chain. True False x 3. The problem with DDT in the environment is that it

  1. Economics

    Concern about international crisis has caused consumers to save their money and postpone big purchases. What is the effect on aggregate demand and aggregate supply? A. No change B. Aggregate supply will decrease, raising the price

  2. economics

    some study guide questions i am stumped on 1 uncertainty about the future is likely to a increase current spending b either increase or decrease c decrease current spending d no impact on current spending think it's d 2 as the

  3. Business Marketing

    A small percentage of increase in consumer demand can cause ____ in business demand. A. Increase B. Decrease*** C. No change D. Panic *** = to my answer I need help for the whole 40 question exam. I already got the first one and

  4. Economics

    If the demand for loanable funds increases, what will happen to real interest rates and the international value of the U.S. dollar (USD)? Real Interest Rates / International Value of USD Increase / Increase*** Increase / Decrease

  1. Managerial economics

    Suppose a demand function is given by Q=10P^-0.5Y^0.75. Calculate the price elasticity of demand and income elasticity of demand.

  2. Science

    Check my answers, please. 1. A prion is an infectious, self-reproducing protein structure. (1 point) True X False 2. As one organism eats another, toxins can be spread throughout the food chain. True False X 3. The problem with

  3. Social Studies

    How do labor unions affect the economy? They decrease demand by opposing low prices. They increase supply by keeping workers healthy*** They decrease supply by increasing worker wages They increase demand by ensuring ethical

  4. Microeconomics (trying this question again)

    Just want to see if i did good in my choices, thank you 11. If an economy has to sacrifice increasing amounts of good X for each unit of good Y produced, then its production possibilities curve is: (Points: 3) bowed out from the

Still need help? You can ask a new question.