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Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to supp
In which market type, there is a requirement for selling or advertising costs? Answer: Beneath monopolistic competition, there is a requirement of selling costs sin
This monopoly makes Q units and experiences as: (1) economic profits equal to 0cbQ. (2) economic losses equal to cpab. (3) more than normal accounting profits. (4) marginal cost in excess of average total cost. (5) total revenue less than total cost.<
Meaning of ex-ante savings: Ex-ante savings are expected savings or planned savings.
In which market form, the products are distinguished. Answer: In Monopolistic competition
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.
Economic profits are not: (1) a surplus of revenues over opportunity costs. (2) quite similar to pure economic rents from society’s viewpoint. (3) zero in a purely competitive economy along with no uncertainty and zero transaction costs. (4) dif
Features of pure competition do not comprise: (w) homogeneous products.(x large numbers of potential buyers. (y) important barriers to entry. (z) large numbers of potential sellers. Can anybody suggest me the prope
Please help me to solve the problem that is given below. A minimum legal price is a price: (1) foundation. (2) umbrella. (3) ceiling. (4) cut. (5) floor. I need a good ans
This exercise inspects why ‘greywater’ dumped from cruise ships can be vision as an economic difficulty and the complexities of dealing with this.
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