Forward-Shifting of Tax
This would be most complicated for resource owners to forward-shift a tax onto: (w) capital. (x) accounting profit. (y) land. (z) labor. Can someone explain/help me with best solution about problem of Economics...
This would be most complicated for resource owners to forward-shift a tax onto: (w) capital. (x) accounting profit. (y) land. (z) labor.
Can someone explain/help me with best solution about problem of Economics...
Tell me the answer of this question. Economists would describe the U.S. automobile industry as: A) purely competitive. B) an oligopoly. C) monopolistically competitive. D) a pure monopoly.
I have a problem in economics on Efficiency Wages problem. Please help me in the following question. The Efficiency wages: (i) do not maximize firm profit. (ii) Cause involuntary unemployment. (iii) Are paid due to adverse selection. (iv) Are never se
Why does a good or service become a public good or service?
An increase in the price of goods, outcomes in an increase in expenses on it. This demand is elastic or inelastic? Answer: Inelastic since there is direct relation
An asset's liquidity is, by description, MOST negatively associated to the: (1) asset's suitability as a commodity money. (2) transaction costs incurred in its purchase or sale. (3) speed with which that can be sold. (4) certainty about its market pri
When the demand curve for a firm’s product is negatively sloped into the short run, in that case the firm: (i) operates in a purely or perfectly competitive market. (ii) experiences economies of scale in its production function. (iii) will face
Normal profit signifies zero economic profit. Explain why?
Capital expenditure: Any expenditure which will lead to formation of an asset or reduction in liability. This is financed out of capital receipts of government. Illustrations: Expenses on construction of roads, canals, bridges, grant of loans by the c
If price ceiling or price floor were removed what is the impact on the economy?
For a profit-maximizing pure competitor in the short-run equilibrium: (w) P = MC = MR. (x) MC = minimum AC. (y) MR > P. (z) only normal profits will be earned. Hey friends please give your opini
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