Money functions
Give me answer of this question. Money functions as: A) a store of value. B) a unit of account. C) a medium of exchange. D) all of the above.
A profit maximizing monopoly which does not price discriminate will not: (w) produce in the elastic portion of the market demand curve. (x) experience raised total revenue when it reduces the price. (y) equate marginal revenue and mar
As per such supply and demand curves for peanuts, there is the: (w) demand for peanuts has fallen. (x) price rises to P1 due to better peanut technology. (y) production of peanuts was initially Q0. (z) new equilibrium price of pe
Describe the steps taken in estimating N.I. by product/ value added technique? Answer: A) Classify all production units: Locate
Differentiate between project feasibility study and project proposal?
The firm with monopsony power in labor market: (1) Can hire any significant amount of labor devoid of affecting the wage. (2) Can pay any wage it wishes. (3) Must pay a higher wage when it hires more labor. (4) Must pay a lower wage when it hires more
Can someone help me in finding out the right answer from the given options? The lack of competition in the product market outcomes in: (1) Less labor being appointed than if the markets were competitive. (2) More labor being hired than if the markets were competitive.
Payments for a resource into excess of the minimum needed to supply specified amounts of the resource are termed as: (1) economic rents. (2) wage premiums. (3) excess profits. (4) surplus values. (5) capitalization. Q : Abolition of exploitation The removal The removal of exploitation of labor [that is, wage payments beneath the value to society of each and every individual worker’s productive contribution] is automatic when business decision makers: (v) Should set wages via collective bargaining agreements with th
The removal of exploitation of labor [that is, wage payments beneath the value to society of each and every individual worker’s productive contribution] is automatic when business decision makers: (v) Should set wages via collective bargaining agreements with th
For a monopolist to raise the quantity of its products sold needs the monopolist to as: (i) raise the price of its product. (ii) charge a constant price. (iii) invest heavily in a distribution network. (iv) lower the price of its product. (v) advertis
Product differentiation is least probable to be a consequence of: (i) model year changes for carmakers. (ii) corporate logos. (iii) advertising. (iv) vigorous price competition. (v) showy packaging. Can someone exp
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