Elimination of discrimination
In the following diagram, the elimination of discrimination is best depicted by: 1) a move from C to E. 2) an inward shift of the production possibilities curve. 3) a move from A to D. 4) a move from E to C.
Illustrate and explain using diagrams, the difference between long run supply in a constant cost individual firm and industry and an increasing cost firm and industry.
An instance of the principal-agent trouble would be: (i) The student failing an exam since he did not study. (ii) The crook being caught as he made much noise. (iii) My son purchase baseball cards with the money I gave him to purchase milk for t
Of the given firms, the best illustration of a natural monopoly is: (i) Dell, the largest seller of personal computers. (ii) Toyota, i.e., the huge car company in the world. (iii) OPEC, i.e., the international oil cartel. (iv) Google that dominates th
must use graphs to demonstrate/support answers where available. Submission is to be made tonight, so needs to be finished urgently
The entire profit maximizing organization will hire more labor up to the point where: (w) Average physical product of labor equivalents the nominal wage. (x) Last unit of labor adds uniformly to net revenue and net cost. (y) Marginal product of the labor is at its hig
The extent of equality within the income distribution of a country seems to depend most heavily upon the degree of: (w) economic development in the country. (x) progress towards national socialism. (y) central economic planning. (z) fertility of the a
Define Marginal Cost and also its functions?
Analysis of the aggregate economy, or the economy as an entire, is: (w) positive economics. (x) microeconomics. (y) macroeconomics. (z) normative economics. Can someone describe/help me with best solution about problem of economic.
The procedure of transforming predictable income streams in wealth is termed as: (1) capitalization. (2) profiteering. (3) financial alchemy. (4) capitalism. (5) asset conversion. Can someone explain/help me with b
Can someone please help me in finding out the precise answer from the following question. Intermediate inputs into the production procedure would comprise: (1) Crude oil. (2) Tennis shoes. (3) Untreated water. (4) Flour.
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