Nonrivalry and nonexcludability
Select the right ans wer of the question.Nonrivalry and nonexcludability are the main characteristics of: A) capital goods. B) private goods. C) public goods. D) consumption goods.
The percentage of American families along with incomes persistently below the poverty line is around: (w) 1 2%. (x) 3 5%. (y) 5 7%. (z) 8 10%. Can anybody suggest me the proper explanation for given problem regardi
A Lorenz curve is a way to demonstrate: (w) that the U.S. has perfect equality of income distribution. (x) a mirror image of a production-possibility curve. (y) the percentages of families receiving different percentages of income. (z) differences wit
For a gain maximizing competitive firm operating in the competitive labor market, the: (1) Marginal resource cost of the labor is similar to the wage rate. (2) Supply of the labor is perfectly inelastic. (3) Production quota is precisely proportional to the labor hire
An instance of the principal-agent trouble would be: (i) The student failing an exam since he did not study. (ii) The crook being caught as he made much noise. (iii) My son purchase baseball cards with the money I gave him to purchase milk for t
The Supplies of labor from a specified population mainly depend on the: (1) Structure of wage rates. (2) Labor force participation rates of different population sub-groups. (3) Individual preferences for the work and income versus the leisure. (4) Levels of investment
I have difficulty in this question. Provide me correct solution of this economy question. Compare & contrast the supposition of monopolistic competition along with perfect competition & monopoly.
The percentage of American families that stay put destitute year after year is around: (w) 1 2%. (x) 3 5%. (y) 5 7%. (z) 8 10%. Hello guys I want your advice. Please recommend some views for above Economics problem
I can't able to discover the solution of this question .Help me to get answer of this question so that I can complete my assignment. Why is the factor input demand functions utilized to construct cost functions?
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
If this is possible, firms along with market power engage in price discrimination to: (i) defy civil rights legislation. (ii) help consumers. (iii) help the community. (iv) increase their profits. (v) reduce production costs.
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