Excess in balance of trade
When there is an excess in the balance of trade? Answer: When export > import (that is, when export is greater than import).
When there is an excess in the balance of trade?
Answer: When export > import (that is, when export is greater than import).
The Lorenz curve gives an indication of: (w) the poverty rate. (x) dead end poverty. (y) relative poverty. (z) post-transfer poverty. Can someone explain/help me with best solution about problem of Economic
The income elasticity of demand can be approximately computed if we identify the percentage change within the: (1) quantity of a good demanded yielded by a specified absolute change in income. (2) price generated through a specified change in quantity
The Department of the Census defines middle relative income as experienced while a family: (w) has adequate income to buy the fundamental food clothing and shelter required for survival. (x) would like to enhance their personal welfar
This profit-maximizing, as in demonstrated graph, of brickyard’s total variable costs are about: (i) $200 per day. (ii) $600 per day. (iii) $750 per day. (iv) $900 per day. (v) $1200 per day.
Moving from point c to point d beside demand curve D, the price elasticity of demand DVDs of video games equals: (1) 0.8. (2) one. (3) 1.10. (4) 1.25. (5) 2.50 Q : Marginal social costs exceed the When governments compelled pharmaceutical producers to manufacture and sell at least Q3 penicillin, in that case the: (1) purely-competitive firms which produced penicillin would experience persistent economic profits. (2) resulting inadequate antibiotic tr
When governments compelled pharmaceutical producers to manufacture and sell at least Q3 penicillin, in that case the: (1) purely-competitive firms which produced penicillin would experience persistent economic profits. (2) resulting inadequate antibiotic tr
I have a problem in economics on how changes in weather affect agricultural output. Please help me in the following question. Economists consider how changes in the weather influence the agricultural output as: (i) Signs of ecological imbalances. (ii) Technological mo
A monopolist produces where marginal revenue [MR] equals marginal costs [MC] when it needs to maximize: (i) total revenue. (ii) consumer surplus. (iii) profits. (iv) total revenue, producer surplus and profits. (v) job security.
I have a problem in economics on Problem on falling income causes increase in demand. Please help me in the following question. If falling income causes the demand for a good to rise, it is an: (1) Inferior good. (2) Costly biological necessity. (3) N
The information is illustrated below: (a) Determine the expected return on Stock X?
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