principles of macroeconomics
Explain the concept of “economies of scale” and “increasing returns”.
Firms which serve customers who vision the firm’s output as perfectly substitutable for the outcomes of huge numbers of other firms confront: (i) Horizontal (that is, perfectly price elastic) demand curves. (ii) Predatory pricing from greater mo
Write a brief note on plan and non-plan expenditure of the government with illustration. Answer: Plan Expenditure
Widely accepted normative macroeconomic policy objectives include: (w) full employment and economic development. (x) allocative, productive, and distributive efficiency. (y) maximum freedom and economic profits. (z) job security and equality within th
Why can be value of MPC be not more than one? Answer: The value of MPC will not be more than one since increment in consumption (ΔC) can’t be more than
Explain the term Shut Down Price? Illustrate it.
Implications of fiscal deficit: (A) High fiscal deficit entails a big amount of borrowings in which the government takes more loans to pay back it. It raises the liability of government. Q : Assignment for help Help me with this Help me with this assignment! Just 25 questions! Thank you so much!
Help me with this assignment! Just 25 questions! Thank you so much!
Question: Suppose firm 1 and firm 2 merge. Call the new firm A. It has output xA and profit πA. Suppose there is Cournot competition after the merger. For now, we assume that the marginal cost of Firm A, the mer
(a) Do you think that macroeconomic policy should be designed to achieve a measured unemployment rate of zero?
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