how to recognize economics as a field of economics?
recognize economics as a field of economics
A federal regulation needing all government transaction to be based upon ideal information would be: (v) The surest way to create best decisions. (w) Consistent along with the ideals of Occam's razor. (x) Impossible since no computer could handle which much informatio
Ted and Willy are eating lunch. Ted has a Snowball and Willy a Ding Dong for dessert. Strongly prefer both Ding Dongs. A required trade of Willy's Ding-Dong for Ted's Snowball would be likely to enhance: (w) distributive efficiency as Fred is better off. (x) allocativ
New services and goods, new forms and types of equipment, and new knowledge regarding how to combine resources productively are all critical features of: (1) entrepreneurial profits. (2) winning the global war against scarcity. (3) net investment with
A firm which could cut costs without reducing the value of its output is experiencing as: (i) Allocative inefficiency. (ii) Productive inefficiency. (iii) Distributive inefficiency. (iv) Technological decline. Can
The Age of Enlightenment shown increased reliance upon scientific methodology and logic like mechanisms for ascertaining fact, and a growing belief which hierarchical authority lacks a monopoly upon purpose and wisdom. That school of thought set the stage for these do
Fundamental economic questions consist of: (w) what, for whom and how. (x) where, how and when. (y) when, how and what. (z) how many, how much and what color,. Hey friends please give your opinion for the problem o
The driving issues within economics are like: (w) income distribution and wealth. (x) productive inefficiency and waste. (y) restricted resources and unlimited human desires. (z) financial planning and mismanagement. Q : Requirement of economic efficiency Economic efficiency needs which the: (i) Productivity is minimized subject to a specified cost. (ii) Production cost of a specified value of output is minimized. (iii) Cost is maximized subject to an output constraint. (iv) Whole dollar value of outpu
Economic efficiency needs which the: (i) Productivity is minimized subject to a specified cost. (ii) Production cost of a specified value of output is minimized. (iii) Cost is maximized subject to an output constraint. (iv) Whole dollar value of outpu
Occam’s razor gives an opinion such that: (w) Algebraic models are more precise than graphs. (x) Simplistic theories deform reality. (y) All economic phenomena are mutually dependent. (z) The simplest workable theories are the most excellent.
How can I solve my economics problems? Please suggest me the accurate answer. Harry Homeowner pays three hundred dollar monthly upon a mortgage within a neighbourhood where matching houses rent for eight hundred dollar per month. T
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