Heterodox explanation
I can't discover the answer of this question based on heterodox explanation. Help me out to get through this question. What is the heterodox explanation of the social provisioning procedure?
What are Bond Theorem Applications and also write down its consequences?
Henry George believed that: (1) landowners deserve the economic rent that their land holdings provide. (2) a single tax on land equal to the unearned surplus would pay for all needed government. (3) economic inefficiency would result from a tax on the
The poverty line is: (1) about $15000/year for a family of two in 2006. (2) an index which varies depending on family characteristics. (3) dependent only on the size and income of a family. (4) about $12500/year for a family of four in 2006. (5) the p
Can someone please help me in finding out the accurate answer from the following question. The law of supply defines that at: (1) Higher prices greater quantities will be supplied. (2) Lower prices greater quantities will be supplied. (3) Lower prices supply shifts to
Why does a marginal benefit curve slope downwards?
A monopolist which does not price discriminate faces a marginal revenue curve which slopes down quicker than its demand curve since: (w) economies of scale are significant. (x) selling more needs lowering the price of
What is another name of micro economics? Answer: Price theory
Elucidate why are firms mutually interdependent in oligopoly market.
Whenever the price increases for a good that you enjoy extremely and purchase regularly: (i) The purchasing power of your income is reduced. (2) You adjust more rapidly than when the good was insignificant to you. (3) Your substitution effect is over-powered by an inc
I can't discover the answer of this question of my economy assignment. Help me out to go through this question. If any variable input is not scarce input, then at maximum output what would be its marginal product?
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