economics
expectations of price hike for durable goods tend to:
The Law of Demand mainly relies heavily on the: (1) Buying power consequences of relative price modifications. (2) Substitution effect resultant from the relative price changes. (3) Increase in opportunity costs as income is worn out. (4) Principle of the non satiety.
I have a problem in economics on Labor History-Blacklisting. Please help me in the following question. Firms which colluded by circulating the names of the union organizers and hence they would have complexity getting jobs were engaged is now-illegal
The firm maximizes profit by hiring the labor at a point where labor’s: (i) Marginal physical product equal its average physical product. (ii) Marginal revenue product equivalents its marginal resource cost. (iii) Rate of exploitation is maximum. (iv) Wage rate
For economists, the term "utility" signifies: 1) versatility and flexibility 2) rationality 3) pleasure and satisfaction 4) purposefulness.
When a minimum legal price of a good is set below the intersection of the supply and demand curves there will be: (1) shortages and pressures for decreases in price. (2) pressures for increases in price and the emergence of black mark
I have a problem in economics on Problem relating to Taxes and Subsidies. Please help me in the following question. The sales taxes and government subsidies: (1) Influence only demand. (2) Do not influence the supply curve. (3) Affect the supply curve
I have a problem in economics on Labor Unions Strikes-Picket Lines. Please help me in the following question. The striking workers who parade in front of the firm’s facilities carrying signs influence potential customers to boycott the firm&rsqu
The difference among maximum amount which consumers would willingly pay for a particular quantity of a good and the amount they really pay at a specific market price is termed as: (i) Discount rate. (ii) Mark-up factor. (iii) Familial gains. (iv) Hous
The clearest illustrations of pure economic rent are payments: (1) for improvements which increase the productivity of resources. (2) to owners of unimproved land. (3) exceeding the productivity of a resource. (4) received by owners of homogeneous res
Medium of Exchange function of money: Money as a medium of exchange signifies money as a means of the payment for exchange of services and goods. The Goods and services are exchanged for money whenever people sell things. Money is exchanged for goods
18,76,764
1953581 Asked
3,689
Active Tutors
1414800
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!