Define revenue
Revenue: This refers to total money income from the sale of output.
Increased inequality within the distribution of income into the United States since around 1975 is least attributable to: (1) baby boomers becoming adults. (2) a shift from manufacturing to service industries. (3) the rising percentage of households h
Choose the right answer . A positive statement is concerned with: A) some goal that is desirable to society. B) what should be. C) what is. D) the formulation of economic policy.
When the demand for cheesy fried grits of Pixie is relatively price elastic, then its price elasticity is: (i) zero. (ii) greater than zero but less than one. (iii) one (unitary.) (iv) greater than one but less than infinity. (v) infi
Define monetary policy? What monetary measure can be accepted to control the condition of excess demand? It is the policy accepted by central bank exercising control over money rate of interest and credit situatio
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
Each and every profit maximizing organizations employ labor up to the point where: (1) VMP = w. (2) MRP = MFC. (3) VMP = MRP. (4) VMP = MFC. (5) MR MC is maximized. Can someone please help me in finding out the accurate answer from
The equilibrium price for Christmas trees in the short run is: (w) P1. (x) P2. (y) P3. (z) P4. Q : Collective Bargaining-managers and The strikes tend to be resolved after worker’s savings trickle down to a discomfort region and there is an exhaustion of: (i) Public tolerance, causing government to set the fair settlement. (ii) Managers and inventories, causing the firms to increase their offe
The strikes tend to be resolved after worker’s savings trickle down to a discomfort region and there is an exhaustion of: (i) Public tolerance, causing government to set the fair settlement. (ii) Managers and inventories, causing the firms to increase their offe
Choose the right answer from following. How many members the Board of Governors of the Federal Reserve has ? A) 5 B) 7 C) 9 D) 14
John Bates Clark's marginal productivity theory gives details that the marginal productivity of resources finds out: (w) the true value of human life. (x) an equitable distribution of tax burdens. (y) the income distr
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