Problem related to market circular flows

In output markets, the simple circular flow model, households replace their _________ for _________.

View Complete Question

Related Questions in Business Economics

Q : Perfectly competitive market and its

Which of the given is not a characteristic of a perfectly competitive market structure: w) there are a very huge number of firms which are small compared to the market. x) All firms sell the same products. y) There are no restrictions to entry through

Q : Who will get the goods and services Who

Who will get the goods and services?

Q : External factors which influencing the

Write down the external factors which influencing the capital structure?

Q : Organization of employees-Division of

‘Mama’ Jean consists of one employee bake crumbly, graham cracker crusts at Mama’s Home-Pies, whereas the other stirs gooey, hot, apple filling. Her staff is organized in accord with a/an: (1) Task management system. (2) Division of labor. (3) Compar

Q : Millions of economic resources tend to

What explains why millions of economic resources tend to get arranged logically and productively rather than haphazard and unproductively?

Q : Exchange is the necessary consequence

Explain: “Exchange is the necessary consequence of specialization.”

Q : Illustrate Rational Behaviour of

Illustrate Rational Behaviour of Economic Perspective?

Q : Public policies for low-income Fuel

Fuel stamp programs which subsidize heating oil purchases through low-income households encourage those families to: (w) create more income by working. (x) particularly conserve on their use of fuel. (y) live along with less purchasing power. (z) subs

Q : Distribution of income and wealth in a

Of the given options, the economist whose theories pivoted least upon the distribution of income and wealth (class conflict) in a capitalist system would have been: (1) Adam Smith. (2) David Ricardo. (3) Karl Marx. (4

Q : Characteristics of Perfectly

Perfect competition is characterized by all of the following except w) heavy advertising by individual sellers. x) homogeneous products. y) sellers are price takers. z) a horizontal demand curve for individual sellers.

Discover Q & A

Leading Solution Library

Avail More Than 1444255 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1933074
Asked

3,689

Active Tutors

1444255

Questions
Answered

Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

Submit Assignment