forecasting demand
what are the criteria for good forecasting
Explain the modern definition of economics?
Occupational licensing often requires qualifications with small relevance for performance in a specific position before an individual can legally be hired. Artificial and inefficient barriers to the practice of specific occupations, such as dog groome
What is social cost of production?
Illustrates the internal economies of scale?
Differentiate between Private Cost and Social Cost.
Illustrates the term dispersion of phrases of business cycle?
Technological changes which replace workers along with machinery are termed as: (1) homeostasis. (2) nanotechnology. (3) automation. (4) featherbedding. (5) solipsism. How can I solve my Economics problem? Please s
Labor supplies depend on wage rates and also: (w) labor force participation and capital availability. (x) worker skills and preferences regarding employment. (y) technology and the price of output. (z) labor force participation and derived demand.
An investment in human capital is most obviously illustrated while: (1) Biff Biceps lifts weights before going to the beach to surf. (2) Cary Coffee drinks four cups of latte before going to work. (3) Pollyanna reads Harlequin Romance novels within he
Firms adjust their inputs of labor or other resources till: (w) revenue is maximized. (x) employment is maximized. (y) marginal product of labor is maximized. (z) profit is maximized. Please choose the right answer
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