external costs and external benefits
Explain the impact of external costs and external benefits on resource allocation
What does financial leverage specify? And also states its limitations?
Double coincidence of wants: This means that one person's wishing to buy and sell should coincide with another person’s wish to buy and sell.
Give a brief introduction of the term Control Factor?
with the aim of diagrams show the difference between A change in demand and A change in quantity demand
Why are democratic regimes more conducive to economic growth than dictatorship
Illustrate and clarify the economizing problem?
Explain by giving example of an absolute advantage in production of two products?
Illustrate the rate of exchange of two products?
Intermediaries ultimately prosper only when they give a service of decreasing: (1) demand for a good (2) prices paid to manufacturers of a good. (3) transaction costs. (4) rivalry for various types of resources. (5) cut-throat competition into markets
Describe the Functional distribution of income?
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