Define product market
Product market: It comprises of final services and goods.
The law of diminishing marginal utility might be evidenced by the person: (i) Smoking more however enjoying it less. (ii) Purchasing a new car subsequent to getting an increase. (iii) Distributing excess food to starving children. (iv) Who studies muc
A price elasticity of demand of 2.0 implies that at that point, the demand curve is: (w) income elastic. (x) relatively price elastic. (y) relatively price inelastic. (z) unitarily price elastic. I need a good answ
Multiplier: It is the number by which change in investment should be multiple in order to find out the resultant change in income and output.
Explain the term PHP?
State the main function of money in economy? Answer: The major function of money in an economic system is to ease the exchange of services and goods.
Importance of Store of Value function of money: People save a portion of their earnings for utilization in future. But in what form? Money fulfills this requirement of the people. Money as a store of value signifies that money is an asset and can be s
Casual surveys of students at the starting of each semester reveal an amused although overwhelming maintain for a proposal to increase the legal minimum wages of graduates from college to $50,000 yearly. They supposed our proposal was facetious. But a
After the morula phase what is the subsequent stage? What is the morphological attribute which defines this phase?
Distinguish among devaluation and depreciation of domestic currency
Hello, I did attach case study on Microeconomics. Regards,
18,76,764
1940672 Asked
3,689
Active Tutors
1443997
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!