Neoclassical and heterodox production
One of my friends can't discover the answer of this question. Give solution of this question. Neoclassical production and cost theory is more realistic than and cost theory and heterodox production. Discuss.
Enumerate and briefly discuss the main economic functions of government. Which of these functions do you think is the most controversial? Why?
What is the most important source of revenue and the major type of expenditure at the Federal level?
What divergences arise between equilibrium and an efficient output when spillover costs? How might government correct this divergence?
Elucidate state expenditures and receipts for all states in 1998?
Which of the given is a quality of an oligopolistic market structure? w) There are only some dominant sellers. x) every firm sells a unique product. y) this is easy for new firms to enter the industry. z) Each firm require not react to the actions of
Comment on the following statement from a newspaper article: “Our junior high school serves a splendid hot meal for $1 without costing the taxpayers anything, thanks in part to a government subsidy.”
How can we calculate EPS?
Elucidate the gains that have occurred using the resources as before specialization?
Which of the given describes a condition in which a good or service is produced at the lowest probable cost: w) productive efficiency. x) allocative efficiency. y) marginal efficiency. z) profit maximization Please
Explain: “Exchange is the necessary consequence of specialization.”
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