Is sale of scooter is national income
Describe whether the sale of old scooter is comprised in national income?
Expert
The sale of old scooter is not comprised in national income since it is not produced in the present year. Its value has already been comprised in the year it was generated.
An illustration of how marginal utility diminishes takes place when: (1) Derek finds it tough to laugh politely when he hears a “new” joke for the fourth time now. (2) Amy Sue chooses she would instead have 150 hogs than 151 on her pig far
Categorize the borrowings and recovery of loans into capital and revenue receipts of government budget. Give reason too.
Question: Compare and contrast 'adaptive expectations' (Hubbard uses adaptive expectations) and 'rational expectations' in modeling expectations. Answer:<
I have a problem in economics on Paradox of Value-total utility and marginal utility. Please help me in the following question. Water is more precious than diamonds when measured by _____, however less valuable when measured by _____. (i) Total cost, total benefit. (i
Diminishing prices will raise total revenue from DVD game sales at each and every price: (1) On this demand curve. (2) Beneath $25. (3) Above $25. (4) Beneath $30. Q : Evaluation of net present value Explain Explain evaluation of net present value (NPV) and internal rate of return (IRR) in brief?
Explain evaluation of net present value (NPV) and internal rate of return (IRR) in brief?
Explain the concept of “economies of scale” and “increasing returns”.
Assume that you receive $18 worth of ‘jollies’ (that is, utility, satisfaction or pleasure) from the very first hole of golf played on a particular day, and that your extra jollies from succeeding the holes drops $1 for each and every hole played. You shou
Elucidate the basis of categorizing government receipts into revenue receipts and capital receipts. Answer: Revenue Receipts: The government revenue receipts are such receipts A) that neither makes liability
Explain the statement "Hypothes is the basic short run and long run behaviors of the airline industry in a market economy".
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