Heterodox perspective of business enterprises
I am facing difficulty in this question. Help me in find out correct answer of this economy based question. From heterodox perspective, why do business enterprises choose administered prices as opposed to highly flexible prices?
Describe the meaning of the term “invisible hand.”
identify the reasons for the formation of organizations
The idea which a virtue of capitalism is decentralized its decision making emerged while: (1) social philosophers looked for alternatives to feudal kings like economic regulators. (2) Russian imperialism fostered anti-communist sentiment after World W
What is the most important source of revenue and the major type of expenditure at the state level?
How did producers decide on the best combinations of resources to use? Who made these resources available, and why?
While productive resources are utilized efficiently: (w) prices greatly exceed production costs for current outputs. (x) opportunity costs are at their minimums for all goods. (y) domestic production exceeds the value of foreign output. (z) the value
Explain the Market System Specialization?
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If banana divides are $2, CD disks are $10, and SCUBA vacations are $360, then what is the relative cost of a SCUBA vacation in phrases of a CD disk: (i) 36 disks. (ii) 360 disks. (iii) 180 disks. (iv) 20 disks. (v) 3,600 disks. Q : Prices are the automatic regulator “Prices are the automatic regulator that tends to keep production and consumption in line with each other.” Explain.
“Prices are the automatic regulator that tends to keep production and consumption in line with each other.” Explain.
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