GDP
In calculating the GDP national income accountants
The monopsonist will hire labor till the labor's marginal resource cost equivalents the: (1) Marginal revenue product of the labor. (2) Marginal physical product. (3) Value of average product of the labor. (4) Price of the labor. C
For such illustrated figure profit-maximizing pure competitor, there area aPed shows: (1) fixed cost (TFC). (2) average fixed cost (AFC). (3) the lowest possible economic loss. (4) maximum economic profits. (5) the rate of return on investment. <
Can someone please help me in finding out the accurate answer from the following question. Failing to lock your door whenever you go out since you have theft insurance is an illustration of the trouble of: (1) Indifference. (2) Apathy. (3) Moral hazard. (4) Market pow
The word ‘unlimited liability’ in the partnership signifies that a partner: (1) Pays to begin to the partnership, however can’t be held liable for additional/extra funds. (2) Can be held personally accountable for any and each of the partnership&rsqu
The imposition of rent controls below equilibrium rental rates tends to create: (i) a housing surplus. (ii) booms of new apartment construction. (iii) declines in the quantity and upkeep of rental units. (iv) rising incomes for landlords. (v) enhanced
In this illustrated figure in below the firm probably to have economic profits in the long run would be as: (w) Firm A. (x) Firm B. (y) Firm C. (z) Firm D. Q : Perfect competition and monopoly I have I have difficulty in this question. Provide me correct solution of this economy question. Compare & contrast the supposition of monopolistic competition along with perfect competition & monopoly.
I have difficulty in this question. Provide me correct solution of this economy question. Compare & contrast the supposition of monopolistic competition along with perfect competition & monopoly.
Federal agricultural subsidies tend to be rapidly: (w) spent because most farmers lack sufficient budgeting skills. (x) capitalized in higher prices for farm land. (y) slashed while pressure mounts to cut the federal deficit. (z) absorbed from rising
Critics of contestability theory argue which: (i) easy entry and exit isn't enough to make sure competitive prices. (ii) even though the firms charged a competitive price for their goods, that they would not have the incentive to make the competitive
Since this demand curve for DVD games is a straight line, and its slope: (w) is constant, although the absolute value of price elasticity of demand falls as output increases. (x) varies to compensate for changes within elasticity. (y) is constant, alt
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