consumer behaviour
Graphical representation of relationship between MPC and multiplier?
Open market operation signifies to the sale and purchase of securities by the Central Bank in case of deficient demand whenever AD falling short of AS at full employment, the Central Bank purchases securities in open market and makes payment to the se
When it is illegal to necessitate union membership as a condition of employment for firm, then the firm: (1) Needs all the employees to sign the yellow dog contracts. (2) Can’t sign an agency shop agreement with the union. (3) Can need settlement before workers
Surveyors sometimes cannot arrange a probabilistic sample and instead rely on a variety of non-probabilistic techniques, each which poses potential problems. Surveyors could: target a quota of a certain type of res
An economic rent is earned when the owner of any resource as: (w) receives income greater than the minimum required to ensure that the quantity demanded is obtainable. (x) exerts control over the payment for the resource. (y) sells input services in a
The theory about land derives its value primarily by how much its location conserves on transaction costs is attributable to: (a) Johann H. von Thünen. (b) Adam Smith. (c) Richard Cantillon. (d) David Ricardo. (e) Reverend Thomas Robert (“B
Explain how does outsourcing affect the economy?
Each and every profit-maximizing firm which can cover its variable costs will hire the labor: (1) Just to the point of the diminishing returns. (2) Just to the point where MRP = ARP for the final worker hired. (3) Beyond the point of the diminishing r
When all firms in an oligopolistic industry raise and lower prices together, in that case it is most consistent along with: (w) the kinked demand curve. (x) price leadership models. (y) the herd instincts of investors. (z) competitive theories of cart
A purely competitive economy along with no externalities or public goods tends to be efficient since: (1) firms try to act socially responsible. (2) government planners specify the best allocation. (3) all prices approximate marginal social benefits a
State the main function of money in economy? Answer: The major function of money in an economic system is to ease the exchange of services and goods.
18,76,764
1949411 Asked
3,689
Active Tutors
1420905
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!