Define factor market
Factor market: It comprises of factors of production namely land, labor, capital and associations.
Any drop in interest rates caused through people’s increased willingness to save, which will cause: (w) the rate of return schedule reflected in I0 to shift to the right. (x) the rate of return schedule reflected within I0 to shift to the left.
Can someone please help me in finding out the accurate answer from the following question. Practices that were common in the labor markets however that are now illegal comprise: (i) Boycotting, scabbing and shirking. (ii) Sweetheart deals assembly line speedups and st
The John Hick’s bargaining model recommends that the union wage demands and a firm's wage provide: (i) Might be so distinct that the management hires scabs. (ii) Are non-negotiable in the competitive environment. (iii) Become identical as the du
When no goods generate external costs or benefits within their consumption or production and when the income distribution is deemed acceptable, in that case economic efficiency is promoted through: (w) government inte
Carlos and Ivana both are roommates and friends. Carlos and Ivana eat together regardless of who cooks. When this game is repeated almost daily, and on Thursday, Ivana is permitted to pick first, the probable result is that: (w) neither Carlos nor Ivana cook, nor do t
The merely fast food restaurant conveniently located close to a fast-growing suburb may be rather profitable despite sloppy management and poor quality control. There market power can enable several firms along with excessively high production
While physically indistinguishable units of a good are concurrently sold at various prices at various locations, such price differentials reflect: (1) differences within marketing and advertising costs. (2) rational ignorance by consumers. (3) differe
A higher interest rate shows a: (w) stronger preference for current income over future income. (x) weaker preference for current income over future income. (y) stronger preference for future income over current income. (z) wave of pessimism among inve
Differentiate between planned and actual saving and investment. Answer: There is a big difference between (a) planned S and I and (b) Actual saving and investment.<
Types of Cost: A) Direct costs: clearly chargeable to a work package: labour materials equipment other Discover Q & A Leading Solution Library Avail More Than 1457211 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads No hassle, Instant Access Start Discovering 18,76,764 1943142 Asked 3,689 Active Tutors 1457211 Questions Answered Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!! Submit Assignment
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