Illustrate how Microeconomics looks at specific economic
Illustrate how Microeconomics looks at specific economic units?
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1. It is concerned with the individual industry, firm or household and the price of specific products and resources.
2. It is an examination of trees, and not the forest.
What is the difference between qualitative data and quantitative data, provide an example of each.
Briefly state the pros and cons of Proprietorship?
I am facing difficulty in this question. Help me in find out correct answer of this economy based question. From heterodox perspective, why do business enterprises choose administered prices as opposed to highly flexible prices?
An employer that exaggerates the safety of a position or the prospects for advancement to job applicants makes inefficiencies as well as arguable inequities due to: (1) signaling. (2) credentialism. (3) screening. (4) adverse selection. (5) a moral hazard.
The market-based economic system: (1) Appears to be ‘natural’ as it has existed in all societies. (2) Has dominated the economic relationships in United States since from the year1492. (3) Guided resource allocation in middle ages. (4) Is
Provide some sources of not tax revenue? Answer: Escheat, income from public enterprises, special assessment, fees and fines and so on.
Briefly explain the term leverages?
Write down the common factors influencing capital structure?
Briefly explain how the competitive market economy will make the needed adjustments to reestablish an efficient allocation of society’s scarce resources?
Describe the Euro?
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