Define balance of trade
Balance of trade: It is the distinction between imports and exports of a country which are valued.
Whenever stockholders who made big financial investments in Enron prior to the mid-1990s suffered huge losses during the year 2001-2002 since of deceptive accounting practices and insider trading, they were the victims of problem termed as: (1) Adverse selection (2) M
Line T1 depicts in given graph as in below a tax system which is: (i) progressive. (ii) recessive. (iii) proportional. (iv) biased. (v) regressive. Q : Essay why is marginal revenue why is marginal revenue product=marginal resource cost a formula for profit maximization?
why is marginal revenue product=marginal resource cost a formula for profit maximization?
When most firms in a competitive industry experience economic profits, in that case long run competitive pressures tend to cause: (w) greater economic profits. (x) prices to decrease as firms enter the industry. (y) industry output to fall. (z) severa
Pure competitors in a long-run equilibrium are paid a price which: (i) allows recovery of any previous operating losses. (ii) equals MC although exceeds average cost. (iii) maximizes average revenue minus average cost. (iv) equals maximum long run ave
Why, according to Keynes, is investment the key economic variable? Why does he think that the volatility of investment spending is likely to cause a problem of aggregate effective demand? Why does he think that this problem can only be solved by government interventio
Describe the steps taken in estimating N.I. by product/ value added technique? Answer: A) Classify all production units: Locate
Data on poverty into the United States indicate which: (w) in absolute numbers, additionally blacks are below the poverty line than whites. (x) in absolute numbers, more whites are below the poverty line than blacks. (y) the poverty rate is lower for
A profit-maximizing monopolist which does not price discriminate and that faces a demand curve that is higher at some output levels than is the firm’s average variable cost curve finds out price and quantity where: (w) profit pe
A monopoly is a type of market structure in that one: (w) seller makes up the industry. (x) giant firm is a price taker. (y) barrier to entry exists. (z) giant firm is the particular buyer of resources. Discover Q & A Leading Solution Library Avail More Than 1419594 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads No hassle, Instant Access Start Discovering 18,76,764 1933089 Asked 3,689 Active Tutors 1419594 Questions Answered Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!! Submit Assignment
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