ECONOMETRICS PROBLEM
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I have a problem in economics on Efficiency of production possibilities frontier. Please help me in the following question. The production possibilities frontier supposes: (i) Proficient utilization of fixed resources and technology. (ii) A totally ho
In the nonattendance of diminishing returns, the maximum output of food from the flower pot (or land) and limitless amounts of other resources would be sufficient to feed: (1) The grasshopper. (2) One skinny family. (3) One mouse. (4) All of the world. Q : Allocative and distributive decisions In countries which rely greatly on centralized decision making most: (i) Main allocative decisions are made by the consumers and business organizations. (ii) Allocative and distributive decisions are made by government. (iii) Nonhuman resources are owned and controlle
In countries which rely greatly on centralized decision making most: (i) Main allocative decisions are made by the consumers and business organizations. (ii) Allocative and distributive decisions are made by government. (iii) Nonhuman resources are owned and controlle
Raising the output of goods for military utilization: (i) Is not possible in a completely employed economy. (ii) Always needs reducing the output of the civilian goods. (iii) Decreases the outputs of goods for civilian utilization in a completely employed economy. (iv
Can someone help me in finding out the right answer from the following options. As the time passes, the production possibilities frontier will enlarge: (1) Proportionally if population growth accelerates. (2) Rapid the more people invest and save. (3)
The fundamental issue of how production will be systematized in a market economy is most directly and instantly recognized by: (i) Govt. officials. (ii) Economic fore-casters. (iii) Suppliers or entrepreneurs. (iv) Worker committees. (v) Consumers. Q : Allocative Mechanisms-Tradition I have I have a problem in economics on Allocative Mechanisms-Tradition. Please help me in the following question. The society in which your occupation is stated by your parent’s jobs probably inadequately bases too much decision on: (1) Queuing. (2) Brute force. (3) T
I have a problem in economics on Allocative Mechanisms-Tradition. Please help me in the following question. The society in which your occupation is stated by your parent’s jobs probably inadequately bases too much decision on: (1) Queuing. (2) Brute force. (3) T
Since clothing output expands from 0 to 100, then the opportunity cost per unit of extra clothing: (i) Increases. (ii) is zero. (iii) Drops. (iv) Is constant. Can someone please help me in finding out the accurate answer from the a
The inevitability of ultimately raising opportunity costs might be employed to explain why: (1) Scarcity is the worsening problem in industrial societies. (2) Production possibilities frontiers are concave from origin. (3) Services cost more than good
The most complex concepts to exemplify with a graph of a production possibilities frontier would be: (1) Associative prices and opportunity costs. (2) Productive inadequacy and unemployment. (3) Scarcity and choices. (4) Diminishing returns. (e) Assoc
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