Basic economic questions NOT included
The three basic economic questions do NOT include: (w) What?, (x) For whom?, (y) Where? and (z) How? Can someone explain me with about above problem of fundamental economic concept...
The three basic economic questions do NOT include: (w) What?, (x) For whom?, (y) Where? and (z) How?
Can someone explain me with about above problem of fundamental economic concept...
Please suggest me how to solve the problem of normative economics that is given below: Normative economics is: (w) a description of how the economy works. (x) based upon empirical studies. (y) concerned along with
Why do people usually assume that water run on sidewalks and within the street while they water their lawns? Is that wasted water a symbol of inefficiency?
Most of the economists agree that the property rights are finally defined and recognized primarily by: (i) The ‘invisible hand’ of the market system. (ii) The labor theory of value. (iii) Laws and government regulations. (iv) Supply and demand. (v) The bru
How can I solve my economics problems? Please suggest me the accurate answer. Harry Homeowner pays three hundred dollar monthly upon a mortgage within a neighbourhood where matching houses rent for eight hundred dollar per month. T
Can someone help me in finding out the right answer from the given options. According to the equivalent share criterion of distribution, individuals must: (i) Share income according to personal requirement. (ii) All produce equivalent shares of output. (iii) Each cons
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
I need a good answer on the topic of Economic problems. Please give me your suggestion that illustrations of technological enhancement would not comprise developing new because: (i) Lighter and less costly and stro
Can someone help me in finding out the right answer from the following options. The command economy is mainly based on: (i) Laissez faire govt. policies and private property rights. (ii) ‘kolkhoz’ decision making. (iii) Well tuning production to match the
Economic policy matters are usually: (w) simply resolved by positive analysis alone. (x) normative, but workable solutions based on positive analysis. (y) either strictly macroeconomic, or strictly microeconomic. (z) better resolved using common sense
A free good is something which people enjoy but that is not scarce since: (w) people can costlessly have all they want. (x) people can purchase this along with credit without containing to immediately pay for htis. (y) luxuries
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