what does the basic neoclassical or traditional
What does the basic neoclassical, or traditional, model of economics assume about markets?
It supposes that markets are perfectly competitive and smoothly functioning, and those prices are examined purely by forces of supply and demand.
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define the advertisement contentsadvertisement contentsmessage - consist of opinion symbols facts and pictures related to the productpurpose -
assume you see that two macroeconomic variables are correlated with each other but you want to know if theres an underlying or causal
why does a production possibilities frontier with increasing opportunity costs have a bowed-out shape the curve is bowed-out because some
q message contents of advertisementa what ads needs to communicate to targeted audience through advertisement copyb message is regarding-c high
what does the basic neoclassical or traditional model of economics assume about marketsit supposes that markets are perfectly competitive and
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list two advantages of markets identified by the authors of the textmarkets can be a significant way of allocating resources markets include
q message - source of advertisementmessage-source- person who converse the message of advertiser to the target audiencealso known as brand-ambassador
identify the four institutional requirements of marketsthe four institutional needs of markets are pprivate propertysocial institutions of
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