determinants of transaction demand.
With the help of graph discuss the determinants of transaction demand.
Whenever you dine at an “all-you-can-eat” buffet, the rational consumption prototype is to carry on eating till: (1) The restaurant goes bankrupt. (2) You have eaten as much food as it would encompass cost had you made your own meal at hom
I have a problem in economics on Expanding consumption of a good. Please help me in the following question. Your consumption of a good tends to expand if it’s: (i) Relative marginal utility surpasses its relative price. (ii) Total utility is les
Involuntary unemployment: Involuntary unemployment terms to a condition in which people that are willing to work are unable to obtain work.
Explain the statement "Hypothes is the basic short run and long run behaviors of the airline industry in a market economy".
How can we analyze the number of event that influences the market?
Economic systems differ according to which two main characteristics?
What occurs to economy, when credit availability is limited and credit is made costlier? Answer: Aggregate demands falls
Elucidate the concept of deflationary gap. Answer: Deflationary gap is the deficit in aggregate demand from the level needed to maintain full employment equilibrium
I have a problem in economics on Price ratios and marginal utility ratios. Please help me in the following question. The efficiency in consumption needs equality of: (i) Income distribution. (ii) All product price and resources. (iii) MC and MR. (iv)
Describe whether the sale of old scooter is comprised in national income?
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