Affects in Great Depression
State what affect the most in Great Depression?
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In 1920s the boom in business made people overly confident therefore people invested their money in risky stocks and deals with it. In addition, banks provide careless loans and soon failed when people could not be able to repay them back. Third, businesses produced more goods than were wanted and they could not sell or make a profit. Lastly, human workers / jobs were becoming replaced by machines and people could not find work.
While rate hikes will boost a utility's total revenue, in that case the utility faces: (w) elastic demand over the relevant price range. (x) unitarily elastic demand over the relevant price range. (y) inelastic demand over the relevant price range. (z
Critics of negative income tax (NIT) proposals most generally argue that: (a) economic rents should be taxed at a rate of 100%. (b) in-kind services should be above and beyond generous income assistance. (c) no NIT plan would be flexible enough to sol
When a supply curve is positively sloped, a raise in demand will increase the equilibrium price as well as: (w) raise the quantity supplied. (x) raise supply. (y) decrease the quantity supplied. (z) decrease supply.
TR (total revenue) for this profit-maximizing pure competitor equivalents area: (i) 0PeQ. (ii) bPec. (iii) aPed. (iv) 0bcQ. (v) 0Pec. Q : Question on utility function Assume a Assume a consumer with the given utility function: U = 3y1y2 + 5. Suppose y2 = 1, derive the marginal utility schedule for y1. In what direction is it moving?
Assume a consumer with the given utility function: U = 3y1y2 + 5. Suppose y2 = 1, derive the marginal utility schedule for y1. In what direction is it moving?
Can someone please help me in finding out the accurate answer from the following question. The labor monopsonist will hire labor up to the point where marginal: (i) Revenue product of the labor equivalents the wage. (ii) Resource c
Elasticity of Demand: The law of demand elucidates that demand will change due to a change in the price of the commodity. However it does not elucidate the rate at w
Explain the term PHP?
Explain the concept of a concentration ration. Is the concentration ratio in a monopolistically competitive industry likely to be higher than for a perfectly competitve industry? Explain the answer
Price elasticity of demand: The Price elasticity of demand refers to the degree of responsiveness of the quantity demanded to modifications in price. Ed = (ΔQ/Δ P) x (P/Q)
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