Define deficient demand
Deficient demand: If AD < AS at full employment level, then it is defined as deficient demand.
Describe the likely behaviour of total product beneath the phase of increasing return to a factor.
‘State the economic arguments on whether big cities which have congested roads must charge a road tax?’
Can someone please help me in finding out the accurate answer from the following question. The bilateral monopoly model is: (i) Among the most modern models of the union bargaining. (ii) Very helpful in describing specific labor agreements. (iii) The theory of dynamic
Financial intermediation is, largely, the process of: (1) lending money out at interest. (2) spending funds faster than revenues are obtained. (3) channeling funds from savers to dissavers, as well as to investors into economic capital. (4) buying and
The Privatization is a process by which ‘for-profit’ business firms: (1) Transform small entrepreneurships into big corporations. (2) Hiring professional administrators to assist manage operations. (3) Vend corporate stocks and bonds to safe the economic c
‘Is the price of a product for instant consumption – similar to a takeaway curry – equivalent to its worth or advantage to a consumer?’
Explain how does outsourcing affect the economy?
what are the implications of law of demand to the government,household and business
Whenever a firm's wage structure imitates the keenness of individual employees to work, terms which are most applicable comprise: (1) Monopsonistic exploitation and the wage discrimination. (2) Monopolistic exploitation and the separation of control and ownership. (3)
The government breakup of AT and T within various regional telephone companies and deregulating long distance services are illustrations of government: (w) enforcement of company size ceiling regulations. (x) creation of monopoly powers. (y) trying to
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