Define marginal cost
Marginal cost: It is the change in sum cost by generating one more or less unit of output.
A probable short-run consequence of a devastating sequence of hurricanes smashing by Florida would be: (w) reductions within the prices of building materials. (x) raises the price of tickets at Disney World. (y) declining demand for Florida oranges due to higher price
Labor market advises that a hike within the minimum legal wage from $5 per hour to $8 per hour will decrease: (1) the crime rate by 3,000. (2) national unemployment rates. (3) employment among unskilled workers by approximately 1,500 positions. (4) th
Types of market in economy: There are two kinds of market in this economy: Factor market-for Factors of Production and Product market-for goods and Services.
Relative to a requirements standard for distributing income, in that case the adoption of an equality standard would most likely tend to be: (w) unarguably fairer. (x) less bureaucratic. (y) more harmful to work incentives. (z) clearly less fair.
Interdependent decision making through firms is most common within: (w) purely competitive industries. (x) monopolized industries. (y) oligopolies. (z) monopolistic competition. Please choose the right answer from
Interest Rate Price Risk: The risk which occurs for bond owners from fluctuating interest rates is termed as interest rate risk. How much interest rate risk a bond has based on how sensitive its price is to interest rate modifications.
What does AFC curve appear like? Why does it appear so?
The principal eventual lenders/savers within financial markets are: (w) business firms. (x) the government. (y) households. (z) foreign investors. I need a good answer on the topic of Economics pro
Give two illustrations of Micro economic variables studies. Answer: a. Individual demand b. Individual savings
The demand curve which is least consistent along with the existence of a substitution consequence is within: (w) Panel A. (x) Panel B. (y) Panel C. (z) Panel D. Discover Q & A Leading Solution Library Avail More Than 1445609 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads No hassle, Instant Access Start Discovering 18,76,764 1938895 Asked 3,689 Active Tutors 1445609 Questions Answered Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!! Submit Assignment
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