Finance and Economics Activity
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When the substitution effect of a higher wage rate is more powerful than the income effect, in that case the: (1) supply curve of labor will be positively sloped. (2) demand for leisure increases as income rises. (3) human capital eff
Define naive method and its techniques briefly.
Illustrates the important question regarding the managerial economics?
Explain the welfare definition of economics? Why is it criticized?
Explain about econometric models.
Explain about the term Boom in phases of business cycle.
A firm which provides its workers along with substantial exact training tends to: (i) pay such individuals premium wages to try to make sure retaining these workers. (ii) require workers to sign legal contracts of peonage and indenture. (iii) increase
Illustrates the term economic cost concept briefly?
When the real wage raises, in that case an additional unit of: (w) labor supplied will buy fewer goods. (x) leisure is more expensive. (y) output need more labor time. (z) capital becomes more highly utilized. Can
Illustrates the managerial Economics according to Savage and John?
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