Elucidate Reliance on technology and capital goods
Elucidate Reliance on technology and capital goods of the market system?
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1. Competition, freedom of choice, self-interest, and the potential of profits provide the incentive for capital accumulation (investment).
2. Advanced technology and capital goods uses the more efficient roundabout method of technology.
Adam Smith wrote his Wealth of Nations within part like a refutation of the doctrines: (1) classical liberalism. (2) utilitarianism. (3) mercantilism. (4) physiocracy. (5) laissez faire capitalism.
Give brief introduction of the term capital structure? And also write down its principles?
The utilitarianism of Jeremy Bentham is generally closely akin to the philosophies of: (1) Epicurianism and hedonism. (2) pragmatism and instrumentalism. (3) asceticism and stoicism. (4) dialecticism and materialism. (5) fundamentalism and predestinat
Illustrate the complex cases when both supply and demand shift?
Why is the problem of unemployment a part of the subject matter of economics?
What divergences arise between equilibrium and an efficient output when spillover costs? How might government correct this divergence?
Describe briefly Distinction between the term Component cost and Composite cost?
Growth is a significant economic goal. Explain?
What happens to the supply curve when each of these determinants changes?
Write down the different types of leverages which are computed for financial analysis?
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