Define the term privatization
What do you mean by the term privatization?
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The handover of ownership from the public sector (government) to the private sector (business) is known as Privatization .
I have a problem in economics on Market Power and the Demand for Labor. Please help me in the given question. The lack of competition in product market outcomes in: (1) Less labor being hired than when the markets were competitive. (2) Many labor bein
Proposals to reform the “welfare mess” comprises: (w) increasing education levels. (x) increasing job training programs. (y) enforcement of the Equal Pay Act. (z) negative income taxes. How can I solve
In equilibrium for the firm with power to adjust the salary it pays, then the rate of monopsonistic exploitation equivalents any difference among: (i) VMP and MFC. (ii) MRP and MFC. (iii) P and MC. (iv) MRP and w. (v) MR and w. Fin
Generally, as more of a good is consumed, the point is ultimately reached where the total: (1) And marginal utility of the good increase. (2) And marginal utility of good drop. (3) Utility carries on rising however marginal utility drops. (4) Utility drops and its mar
When a monopolist maximizes the profit in a product market, it will: (i) Hire labor till the marginal revenue product equivalents marginal resource cost. (ii) Hire labor till the value of marginal product equivalents marginal resource cost. (iii) Pay a wage equivalent
Refer to the given table. If the economy is producing at production alternative C, the opportunity cost of the tenth unit of consumer goods will be:
Can someone help me in finding out the right answer from the given options. The Substitution away from the good is bigger when its price increases the: (1) More close substitutes there are for good. (2) More different utilizations to which the good has been place at t
Differentiate between planned and actual saving and investment. Answer: There is a big difference between (a) planned S and I and (b) Actual saving and investment.<
When economic losses are widespread within a purely competitive industry, in that case long-run competitive pressures tend to cause: (i) accelerating economic losses. (ii) prices to fall while firms leave the industry. (iii) productio
Lowering prices will raise total revenue from DVD game sales at all prices as: (w) on this demand curve. (x) below $25. (y) above $25. (z) below $30. Discover Q & A Leading Solution Library Avail More Than 1437095 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads No hassle, Instant Access Start Discovering 18,76,764 1940942 Asked 3,689 Active Tutors 1437095 Questions Answered Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!! Submit Assignment
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