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Why is this probably precise to believe that you can believe of nothing better to do along with your time immediately than to study economics?
Can anybody suggest me the proper explanation for given problem regarding scarcity in economics generally? A good is taken as scarce when people: (w) lack the funds required to make sure their survival. (x) require
When an economic change makes a huge majority of the population worse off and a minute minority better off, the alteration is: (w) good for society because it made some people better off. (x) bad for society since only a few people ar
Elmer leaves his old mule Betsy and buys a new tractor to plow his fields. It is assumed to be consistent along with Elmer's perception of his best interest since: (w) tractors can plow more than a mule. (x) Elmer is assumed to be a rational farmer. (
I need a good answer on the topic of Economic problems. Please give me your suggestion that for production to be technically efficient needs that the: (i) Maximum benefits are acquired at the highest possible cost. (ii) Opportunity costs of production
Scarcity exists since human desires are: (i) minute relative to the means available to satisfy them. (ii) heavily affected by advertising and wants to “keep up along with the Joneses.” (iii) immoral. (iv) controllable merely through brainw
I need a good answer on the topic of existence in society economically. Please give me your suggestion that The fundamental economic questions that each society should address contain: (i) what, how, and for whom,
Which of the given is a positive technical statement? (i) The Miss America contest is sexist and tasteless. (ii) The moon is made of green cheese. (iii) Microsoft’s record of innovation justifies Bill Gates’ incredible wealth. (iv) Capitalism improves peop
How can I solve my economics problems? Please suggest me the right answer for an illustration of a normative statement, would be the assertion which: (w) bald men are intelligent. (x) balding advances along with age. (y) bald men must wear toupees. (z) strength and hi
Can someone give details with best solution about problem of normative economics... Economists disagree MOST often about regions involving: (i) normative economics, while value judgments are involved. (ii) explanat
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