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Shortages or surpluses exist while: (w) transaction costs are zero. (x) quantity supplied be different from quantity demanded. (y) monopolists enjoy exorbitant profits. (z) supply prices equivalent demand prices. H
People would be least probable to be happier like a consequence of the increased accessibility of: (1) free goods. (2) economic resources. (3) superior technologies. (4) economic goods. (5) economic bads. Hello guys I want your adv
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
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
Please help me to solve the problem of Positive Economics which is specified above. Positive economic statements deal primarily along with: (w) the way things should be. (x) Technically testable ec
Buildings and capital tools can't produce anything without labor, showing such that labor is: (i) a productive resource. (ii) the merely productive resource. (iii) exploited through capitalists. (iv) the key to technology. (v) a provider of entreprene
David Hume and John Locke summarized an early version of: (1) the circular flow of income. (2) the permanent income hypothesis. (3) the quantity theory of money. (4) the marginal disutility of poverty. (5) the backward-bending supply
Economic efficiency needs: (w) distributive, productive and allocative efficiency. (x) engineering and dynamic efficiency. (y) historical and sociological efficiency. (z) chemical and physical efficiency. How can I
Anything of that people would be better off with less is which from given issue: (1) economic surplus, (2) external cost, (3) economic bad and (4) adverse consequence. Hello guys I need your advice. Please recommend some idea for a
Please help me to solve the problem of hypothesis in normative statements in normative economics that is given below: Normative statements would consist of the hypothesis which: (v) Abuse of alcohol lowers GPAs. (w
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