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Can someone explain/help me with best solution regarding problem of economic concept of societies... Within all societies, the economic problem involves: (1) learning to be content with what is obtainable, (2) Equa
Microeconomics and Macroeconomics address: (w) exactly similar questions. (x) totally different questions. (y) incompatible sets of value judgments. (z) economic matters at somewhat different levels. How can I solv
A new theory evolves within common sense only after this is determined: (1) Helpful through extensive testing. (2) Within conformity along with Newtonian mechanics and Occam's razor. (3) To contain relatively only some exceptions. (4) Acceptable through the Institute
Most of the economists agree that the property rights are finally defined and recognized primarily by: (i) The ‘invisible hand’ of the market system. (ii) The labor theory of value. (iii) Laws and government regulations. (iv) Supply and demand. (v) The bru
Hello guys I need your advice. Please suggest some views for following economics problems that what are labor resources of society: (i) Identical along with its population, (ii) The mental and physical talents people make obtainable f
After drivers shift among traffic lanes to exit by a crowded airport till this seems reasonable to expect all exit lines to be similarly time-consuming, economists exemplify the result like an illustration of economic: (i) Equilibrium. (ii) Balance. (iii) Tradeoffs. (
I have a problem in economics on Offsetting effects of Economic Growth. Please help me in the following question. Technological advances and resource diminution tend to join and hence a society’s production possibilities curve experiences: (i) R
Income tax rates were cut during 1981 year, and again in 2001 year. A question is here that, at least in theory, may be resolved through positive economic analysis is: (w) How do changes in tax rates influence employment and national
Economic questions incapable of scientific verification like to correctness or falsity, as like why, how and when to prosecute and execute alleged murderers, or to whom income must be again distributed, fall in the category of: (1) positive economics.
I need a good answer on the topic of Economic problems. Please give me your suggestion that for production to be technically efficient needs that the: (i) Maximum benefits are acquired at the highest possible cost. (ii) Opportunity costs of production
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