Opportunity costs in alternate activity while study economic
Why is this probably precise to believe that you can believe of nothing better to do along with your time immediately than to study economics?
Expert
Whenever the opportunity costs of other options were superior to this cost of not studying, in that case you would be engaged within an alternate activity.
The Economic growth in a proficient economy will tend to increase when: (1) Capital quickly depreciates and becomes obsolete. (2) Threats of war divert resources to the national defense. (3) People’s savings increase to permit bigger investment. (4) Funds for re
Can anybody suggest me the proper description for given problem regarding positive theory in Economics generally. Positive theory which is inaccurate: (w) can be disproved through logic and fact. (x) includes poor
The fundamental economic questions are "What?”, “How?”, and “For whom”? When we ask, "For whom?", we need to know who will: (w) produce the goods. (x) consume the goods. (y) get the profits. (z) decide wh
I need your answer on the topic of Economic problems. Please give me your suggestion that illustrations of economic capital would contain a: (1) Garbage truck. (2) $10,000 ten-year United States Treasury bond. (3) College diploma. (4) Deeded right to
When a firm could produce at least similar output with less of one resource and no additional of any other, mix of resources of the firm is technologically: (w) and economically efficient. (x) efficient, but economically inefficient. (y) inefficient, but economically
I need a good answer on the topic of Economic problems. Please give me your suggestion that the concept that restricting steel imports will increase employment within the steel industry that is a: (w) normative argument. (x) Positive argument, since the idea can be te
Economic models are most generally based upon: (i) specification of all interdependencies among all relevant economic variables. (ii) “other things equal” assumptions. (iii) equations which specify how to maximize financial profits. (iv) a
The chorus of a Rolling Stones' song begins along with a line that is, "You can't always acquire what you wish for," that broadly explains the economic problem posed by which factor: (v) scarcity, (w) opportunity costs (x) human greed (y) diminishing returns and (z) marginal utility? How
If goods are efficiently distributed in between households, then all family is: (w) sure to lose when any income redistribution arises. (x) treated equitably. (y) and also off as possible without making any other family worse off. (z) able of gaining by a better distr
The production possibilities curve might be shifted outward by: (1) Decreasing unemployment. (2) Reducing the labor force. (3) Limiting the output of capital goods. (4) Raising the amounts or productivity of the resources. Discover Q & A Leading Solution Library Avail More Than 1439047 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads No hassle, Instant Access Start Discovering 18,76,764 1947221 Asked 3,689 Active Tutors 1439047 Questions Answered Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!! Submit Assignment
18,76,764
1947221 Asked
3,689
Active Tutors
1439047
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!