Examples of command economies
Give the answer of following question .Tell examples of command economies: A) the United States and Japan. B) Sweden and Norway. C) Mexico and Brazil. D) Cuba and North Korea.
The theory about land derives its value primarily by how much its location conserves on transaction costs is attributable to: (a) Johann H. von Thünen. (b) Adam Smith. (c) Richard Cantillon. (d) David Ricardo. (e) Reverend Thomas Robert (“B
I have a problem in economics on Derived Demand for resources. Please help me in the following question. As demands for the resources ultimately based on consumer’s demands for goods then the demand for labor is: (1) Termed as a derived demand.
Consider goods for that various people are willing and capable to pay much more than the costs of production therefore widespread shortages exist. International federal or agreements, state and local laws as well as regulations are probably key factor
How tourism effects in an upcoming industry?
Change in demand: When change in demand takes place due to change in factor other than price, it is termed as change in demand.
Examine within your answer the circumstances that will enable a company to pass on cost increases to customers and protect profit margins. For example- price sensitivity of demand, rising food prices, cotton prices, etc.
‘State the economic arguments on whether big cities which have congested roads must charge a road tax?’
The resource least probable to conform to the supply curve demonstrated in this figure would be: (w) land. (x) capital. (y) labor. (z) entrepreneurship. Q : Normative Economics and Income The fundamental economic question probably to generate answers heavily based into debatable value judgments is: (1) what goods will society produce? (2) how will resources be used to yield the goods society chooses to produce? (3) to whom will the goo
The fundamental economic question probably to generate answers heavily based into debatable value judgments is: (1) what goods will society produce? (2) how will resources be used to yield the goods society chooses to produce? (3) to whom will the goo
Purchasing low in one market and concurrently selling at a high price in another is NOT a mechanism which: (i) Rises supply in the low-price market. (ii) Risklessly produces profits. (iii) Is termed as arbitrage. (iv) Decreases price differentials among markets. (e) I
18,76,764
1939094 Asked
3,689
Active Tutors
1441885
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!