Causes of Business Cycle
Illustrates the causes of business cycle?
Expert
Causes of Business Cycle:
Two kinds of components or forces bring regarding business cycle. They are external and internal. Internal forces are components within the extremely sphere of business activity itself and comprise such things like production, demand, income, interest rates, credit and inventories as well. External forces are components outside the normal scope of business activity and comprise population as wars, growth and fundamental changes in the nation’s currency as well as national economic policies. With floods, droughts and another catastrophe which have effect upon business activity.
This supply of labor of worker is perfectly inelastic at point: (w) point a. (x) point b. (y) point c. (z) point d. Q : Illustrates the fixed and variable Illustrates the fixed and variable inputs in economics?
Illustrates the fixed and variable inputs in economics?
The words “marginal factor costs” or “marginal resource costs” taken as to the: (w) extra cost involved in producing an additional resource. (x) extra cost involved while producing an additional unit of a resou
Derived demand curves for labor slope downwards since: (w) additional workers are usually less skilled and thus deserve lower wages. (x) when another resource is fixed, hiring more workers ultimately reduces output per hour worked. (y) higher wages us
Explain Exceptional Demand Curve.
Provide a brief introduction of the term Margin of Safety?
Demands for resources are derived since they: (1) depend upon producers supplies of such resources. (2) depend on consumers demands for the goods the resources produce. (3) rely on the availability of suppliers. (4) rely on the industry’s demand
Explain about the term Boom in phases of business cycle.
What is Oligopoly? Explain in brief.
Increasing the wage from $9 to $15 will cause Plastibristle’s total hourly wage payments to: (w) rise by about $900. (x) rise by about $1500. (y) fall by about $900. (z) fall by about $1500. <
18,76,764
1944234 Asked
3,689
Active Tutors
1456102
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!