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?
When the world price for wheat is $10 per bushel; and Del, who one owns the biggest wheat farm into North Dakota, will: (w) face a demand curve that is perfectly price elastic at $10 per bushel. (x) realize $4 per bushel in long-run economic profits.
A person’s wage income into excess of which that would be received by accepting the next best optional use of his or her talents is: (1) an economic rent. (2) a transfer payment. (3) an interest premium. (4) a salary bonus. (5) nominal wages.
Price of related goods: a) Substitute goods – Whenever the price of substitute goods raises they become dearer whenever the price replaces goods falls they bec
When Adam Smith’s invisible hand executed with no government intervention, this market would be in equilibrium and quantity of Whopper Slushees demanded the quantity supplied would be equivalent at: (i) Price P1. (ii) Quantity Q1. (iii) Price P3. (iv) Quantity Q
If an individual receives benefits from the government, associate to the benefits everyone else receives, which exceed the individual’s taxes like a proportion of total tax payments by all citizens, which individual can reasonably be viewed like
For a particular price taker: (w) price is uninfluenced by quantity. (x) total revenue is constant. (y) profit is constant. (z) consumer surplus is zero. I need a good answer on the topic of Economics
A purely competitive firm faces a demand curve which is: (1) perfectly inelastic. (2) upward sloping. (3) perfectly elastic. (4) a vertical line. (5) downward sloping. Can anybody suggest me the proper explanation
What are consequence of foreign exchange rate risk and how do this risk be mitigated?
Juan, Celia, Cassie and Gupta operated rival gas stations at 4 corners of an intersection. Every one originally charged similar price for their gasoline but after Gupta slashed his prices, Juan and Celia as well as Cassie all shut down. Gupta in that case boosted pric
In an economy the MPC is 0.75. Investment expenses in the economy raise by Rs.75 crore. Compute total increase in national income.
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