Technological advances in starting of the twentieth century

Technological advances because the starting of the twentieth century has: (w) removed the limits on our ability to produce. (x) removed the problem of scarcity. (y) expanded our capability to produce. (z) raised the use of resources for production.

I need a good answer on the topic of Economic problems. Please give me your suggestion for the same by using above options.

View Complete Question

Related Questions in Managerial Economics

Q : Explain the meaning of Elasticity

Explain the meaning of Elasticity?

Q : Capital and Wage Differentials Relative

Relative to evenly strong, smart, and hard-working people along with less education, and the high school graduates who invest most heavily within more advanced formal education are probable to experience lower average: (w) wages when first entering th

Q : Illustrates the pricing policies briefly

Illustrates the pricing policies briefly?

Q : State the causes for downward sloping

State the causes for downward sloping of demand curve?

Q : Describe the Long term Demand

Describe the Long term Demand Forecasting.

Q : Process of Signaling Job applicants

Job applicants make use of polished resumes explaining education, work experience and skills, accompanied from supportive letters of recommendation letters like tools in a process economist’s call: (1) adverse selection. (2) signaling. (3) human

Q : Define the term opportunity cost concept

Define the term opportunity cost concept.

Q : Estimate d 8. The Real Kool Toys

8. The Real Kool Toys Company manufactures and sells educational toys. An empirical demand function for one of the firm's products has been estimated over the last 21 quarters using regression analysis. The estimated demand function is: QY = -8,000 - 5,000PY + 192A + 120I + 2,000PX (6,000) (1,00

Q : Learning-by-doing Firms may make use of

Firms may make use of low prices to enter a market and gain market share therefore is can learn the intricacies of a particular product line or business. It is an illustration of: (1) limit pricing. (2) accommodation. (3) learning-by-

Q : Decide to produce or to shut down in

When, for a specified output level, an absolute or perfectly competitive firm's price is less in that case its average variable cost, so the firm: w) is earning a profit. x) must shut down. y) must increase output. z) must increase price.

Discover Q & A

Leading Solution Library

Avail More Than 1438302 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1943557
Asked

3,689

Active Tutors

1438302

Questions
Answered

Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

Submit Assignment