Relationship between MPS and multiplier
Relationship between MPS and multiplier:K=1/1-MPC = 1/MPS or inverse relationship between MPS and the size of multiplier.
Which of the give predatory strategies is illegal: (w) Redesigning an existing product to make this incompatible along with a rival's product. (x) Introduction of a close substitute to a rival's product. (y) Pricing below cost into order to force riva
I have a problem in economics on Plans of buyers and sellers. Please help me in the following question. The equilibrium price for the good is a price at which: (1) The plans of both sellers and buyers are realized. (2) Subjective prices merely offset
In the past 4 decades, the still increasing globalization of trade has caused the United State automobile market to evolve by: (i) highly concentrated oligopoly towards monopolistic competition. (ii) pure monopoly to pure competition. (iii) a cartel t
Imperfect data: Most studies start with imperfect data. Few datasets involve the entire population of interest. Typically, the data has been gathered by others for specific purposes, and as such may have built in b
In this kinked demand curve model as in demonstrated, when this firm operates at point a and increases its price from P2 to P3 and its rival firms respond by increasing their prices, in that case this firm will move from point a
The central bank performs as lender of last resort. Explain how? Answer: The central bank too acts as lender of last resort for other banks of the country. This mea
The American workers tend to be much productive than their counterparts in the South America or Asia in part as they have: (i) Superior natural genetic endowments. (ii) Access to the better sports programming, that promotes the team-work. (iii) More capital to work wi
is the price in the "law of demand" a relative price or an absolute price
The profit-maximizing price for copyrighted smash-hit St. Valentine’s Day software of Prohibition Corporation is: (i) $12 per copy. (ii) $20 per copy. (iii) $24 per copy. (iv) $32 per copy. (v) $40 per copy. <
What are the various functions of price mechanism in a free market economy?
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