Heterodox approach for more production
From the heterodox approach, what options does the enterprise need to produce more output? What effect do these options put on its cost structure?
Is transfer income involved in national income? Explain Why? Answer: No, since transfer income does not effect in the production of services and goods.
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Early in the 18th century, a leading industrialist responded to an advisor of King Louis IV of France, who asked how the crown could most excellent facilitate the world of commerce, along with “Laissez nous faire,” that im
Even people who are extremely good at everything couldn’t encompass: (i) absolute benefits in approximately everything. (ii) Much higher incomes than average. (iii) Comparative benefits in everything. (iv) Superior natural endowments of talent. Q : What are the criteria of issuing stocks What are the criteria of issuing stocks or bonds?
What are the criteria of issuing stocks or bonds?
In Wealth of Nations by Adam Smith, opined that the productivity of labor based primarily on: (w) workers’ education. (x) divisions of labor. (y) technologically advanced machines. (z) suitable wage rates. Q : Society material wants are scarce Explain the foundation of economics where society’s material wants are scarce resources?
Explain the foundation of economics where society’s material wants are scarce resources?
A positive responsibility played through speculators within a market economy is to: (1) find out price levels for entrepreneurs. (2) predict the quantity at that long run equilibrium would be attained. (3) inform government organizations of consumer p
Illustrate the supply curve and also determinants of supply?
How do households dispose of their income?
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