Influence of decisions on consumers preferences
Consumer’s preferences tend to be most proficiently met whenever decisions are made: (1) Individually. (2) Through democratic voting. (3) In command economy. (4) To share out income according to requirement. What is the right answer?
Consumer’s preferences tend to be most proficiently met whenever decisions are made: (1) Individually. (2) Through democratic voting. (3) In command economy. (4) To share out income according to requirement.
What is the right answer?
Society's FUNDAMENTAL economic problems do NOT comprise deciding: (w) what goods to produce. (x) how to produce the goods selected. (y) what occupation each person must pursue. (z) who must find to use the goods produced. Q : Modern sociobiologists concept Modern sociobiologists concept perpetuation of individual gene pool like the fundamental human drive, and give numerous illustrations of behavior which apparently conflict along with the economist's homo economicus supposition: Parents sacrifice their whole lives for
Modern sociobiologists concept perpetuation of individual gene pool like the fundamental human drive, and give numerous illustrations of behavior which apparently conflict along with the economist's homo economicus supposition: Parents sacrifice their whole lives for
A thing is termed as a "good" (as opposite to a "bad") when: (w) its use improves human happiness. (x) its production needs capital and labor. (y) its value to society is restricted. (z) this is a service to people, as housecleaning.<
Each society confronts the problem of scarcity since: (i) human wants are virtually limitless relative to the resources obtainable. (ii) technology, resources and human potential are limitless. (iii) most people can't have enough money the goods they
An illustration of a positive scientific statement would be: (w) vegetarians are healthier than people who gorge on candy and fried chicken. (x) people shouldn't be greedy. (y) justice needs ratification of an Equal Rights Amendment. (z) men mustn't b
Can anybody propose the proper explanation for specified problem regarding Normative Economics. Positive economic analysis might NOT be used to test the idea which higher cigarette taxes would reas
The principle which the simplest workable theory is also the fine is termed as: (i) positive analytics. (ii) minimalism. (iii) Occam's razor. (iv) simple-mindedness. (v) hypothesis testing. I need a good answer on the topic of
Fundamental economic questions consist of: (w) what, for whom and how. (x) where, how and when. (y) when, how and what. (z) how many, how much and what color,. Hey friends please give your opinion for the problem o
Economics can be explained as the extensive study of the effects of: (w) money and why having this is good. (x) production costs and profits. (y) how people attempt to gratify their boundless needs. (z) purchases, acquisitions and mergers.
Economics is generally explained as the study of how societies and individuals: (1) make options about work and the division of labor, (2) try to maximize their financial wealth and incomes, (3) answer the fundamental economic questions of "Why, Where, and When", (4)
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