--%>
Assignment Help - homework help

Occurrence of disagreements between economists

Disagreements between economists occur most commonly within the area of: (1) microeconomic theory. (2) normative aspects of economic policy. (3) positive statements. (4) "common sense." (5) mathematical economics.

I need your point of view for problem as in above.

   Related Questions in Microeconomics

  • Q : Charge a price by monopolists Most

    Most monopolists whom do not price discriminate and that operate effectively in the long run are capable to charge a price: (w) greater than minimum average total costs [ATC]. (x) less than MR. (y) less than marginal costs [MC]. (z) less than which of

    		•
  • Q : Market supply and demand information

    Elucidate what kind of market supply and demand information would be use full to you in deciding on a business policy?

    		•
  • Q : Inverse relationship in Law of Demand

    The law of demand signifies to: (i) The direct relationship accessible between quantity and prices demanded. (ii) The inverse relationship accessible between quantity demanded and opportunity cost. (iii) How demand shifts due to modifications in price

    		•
  • Q : Shutdown point in minimum revenue for

    The minimum revenue which will induce a firm to produce a specified output in place of shutting down into the short run is the: (a) maximum such consumers are willing to pay for that output. (b) total variable cost of producing such output. (c) short-

    		•
  • Q : Negative GDP gap A large negative GDP

    A large negative GDP gap implies: A) an excess of imports over exports. B) a low rate of unemployment. C) a high rate of unemployment. D) a sharply rising price level.

    		•
  • Q : Who made decisions Economists suppose

    Economists suppose that nearly all decisions are made by: (i) At the margin. (ii) On the average. (iii) Based on totals. (iv) All of the above. Please someone suggest me the right answer.

    		•
  • Q : Price elasticity of demand for pizza

    Since the price drops/falls from $8 to 1 all along this demand curve, the price elasticity of demand for pizza: (1) increases towards infinity. (2) Drops/Falls towards zero. (3) Increases, then drop/falls. (4) Always equivalents 1 and demand is unitar

    		•
  • Q : Define product market Product market :

    Product market: It comprises of final services and goods.

    		•
  • Q : Profit maximization-output level in

    Profit maximization needs a purely competitive firm to manufacture at an output level where: (i) marginal revenue > marginal cost. (ii) marginal cost equals the competitive price. (iii) marginal cost is falling. (iv) marginal reven

    		•
  • Q : Problem regarding Craft Unions Can

    Can someone help me in finding out the right answer from the given options. The craft unions historically tried to systematize all the workers in: (1) A specific company, in spite of size. (2) The United States. (3) The specific broad industry. (4) Relatively highly s

    		•