Economic growth
Give the answer of following question. Economic growth is best defined as an increase in: A) either real GDP or real GDP per capita. B) nominal GDP. C) total consumption expenditures. D) wealth in the economy.
why demand change of onion in during one week due to change in it's price
In states that encompass ‘Right to Work’ laws, then collective bargaining agreements: (i) Can’t need all employees to join a union in a specified period after being hired. (ii) Generally state the number of employees a firm
A factor tending to discourage the formation of huge oligopolies in the past two or three decades would be: (w) vigorous enforcement of anti merger laws. (x) technological advances which tended to favor smaller companies. (y) computerized internal inf
Can someone please help me in finding out the accurate answer from the following question. The monopsonist will hire the labor until labor's marginal resource cost equivalents the: (i) Marginal revenue product of the labor. (ii) Marginal physical product. (iii) Value
Why the indifference curve is convex to origin?
Define deficient demand or deflationary gap: Deficient demand occur whenever AD is less than AS at the level of full employment equilibrium
why is marginal revenue product=marginal resource cost a formula for profit maximization?
An increase in the income of Consumer X leads to fall in demand for that good by that consumer. Name the good X termed? Answer: Inferior good
Diseconomies of Scale: The diseconomies are the drawbacks occurring to a firm or a group of firms due to big scale production.Internal Diseco
Within the short run, a price-maker firm along with important market power but that cannot price discriminate is unable to concurrently maximize profit and: (i) charge a price equal to marginal cost. (ii) minimize average total cost. (iii) produce out
18,76,764
1930154 Asked
3,689
Active Tutors
1423868
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!