When people purchase goods

People will purchase goods when their demand prices equivalent or surpass: (i) Transaction costs. (ii) Subjective prices. (iii) Price indexes. (iv) Market prices. (v) Wholesale prices.

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Question:

Suppose firm 1 and firm 2 merge. Call the new firm A. It has output xA and profit πA. Suppose there is Cournot competition after the merger. For now, we assume that the marginal cost of Firm A, the mer

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Bank rate: This is the rate at which the central bank loans money to commercial bank.

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(a) Do you think that macroeconomic policy should be designed to achieve a measured unemployment rate of zero?

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Macroeconomics is primarily focused on issues about: (w) economy extensive aggregate variables as like national income. (x) the structure of economic activity quite than its level. (y) resource allocations through households and business firms. (z) po

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Determine the value of MPC whenever MPS is zero?

Answer: Whenever MPS = 0, MPC = 1 – 0 = 1.

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In the figure shown below, line T1 depicts a tax system which is: (1) Regressive. (2) Progressive.  (3) Proportional. (4) Unbiased. (5) Recessive. • ##### Q :International trade the most frequently

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