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.
When the distributions of income were suitable, when there were no externalities, and when the economy was purely competitive, in that case market forces would yield production and distribution of penicillin consequent to: (i) point a. (ii) point b. (
The imposition of price ceilings which are below equilibrium generally results within: (w) shortages and net decreases in economic efficiency. (x) more efficient allocations of scarce resources. (y) greater consumer satisfaction and b
The income effect of a price rise for the normal good: (i) Needs a reduction in the purchasing power of your income, that helps in elucidating why demand curves are negatively sloped. (ii) Forces faster adjustments than when the good was inferior and
What are the conditions that shifts the Demand Curve?
I have a problem in economics on Synonym for the economist’s term utility. Please help me in the following question. The reasonably close by synonym for the economist’s term utility is: (1) Consumption. (2) Marginalism. (3) Discontentment. (4) Satisfaction
LoCalLoCarbo has turn into the favorite of fad dieters. There in demonstrated figure curve A shows: (i) LoCalLoCarbo’s marginal cost curve. (ii) LoCalLoCarbo’s average variable cost curve. (iii) LoCalLoCarbo’s average total cost curve. (iv) the marke
When line 0D0' represents the 1929s U.S. income distribution and line 0B0'shows the 1975 income distribution, in that case the 2005 year’s income distribution would be signified by: (i) line 0A0'. (ii) line 0B0'. (iii) line 0C0'. (iv) line 0D0'.
HoloIMAGine has patented a holographic technology which makes 3-D photography obtainable to consumers. So the demand curve facing HoloIMAGine has unitary price elasticity at: (i) output q1. (ii) output q3. (iii) output q4
Firms that should contemplate the potential reactions of rival firms while adjusting their pricing and output to maximize long run profit are operating within an industry which is: (1) perfectly competitive. (2) purely competitive. (3) monopolisticall
A fundamental principle of finance is that the value of any of investment is: (w) the discounted present value of all future net cash flows expected by the investment. (x) negatively related to the future net cash flows generated from the investment. (y) the sum of al
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