Propensity to consume
Propensity to consume: This exhibits the level of consumption at various levels of income in the economy.
Can someone help me in finding out the right answer from the given options. No one can execute all the mental gymnastics essential to perfectly process information and hence all their decisions are mathematically optimal, therefore most of the people rely heavily on m
Equilibrium interest rates change among various financial instruments due to differences in all of the given EXCEPT: (w) default risk. (x) time to maturity. (y) liquidity. (z) the solvency of the lender. Hey friend
Law of Supply: Supply means the goods provided for sale at a price throughout a particular period of time. This is the capacity and intention of the producers to gen
The long-run dynamics of purely competitive industry make sure that:( w) surviving firms make positive economic profits. (x) accounting profits will equal economic profits. (y) accounting profits will be zero. (z) economic profits will be zero. <
The fact that a firm along with market power adjusts output depending upon both cost conditions and the features of the market demand curve means that: (w) the amount which a monopolist produces tends to be more volatile than the outp
Why Features of monopolistic competition is monopolist in nature? Answer: (a) Control over price (b) Downward sloping demand curve
Innovation: (w) entails financial investment to create human capital. (x) comprises the commercial introduction of a new product or production process. (y) can reasonably describe only normal accounting profit. (z) was used by John Maynard Keynes to d
The form of discrimination which probably causes the smallest problems for income distribution is: (1) occupational discrimination. (2) human capital discrimination. (3) price discrimination. (4) personal discrimination. (5) employment discrimination.
Government budget: Government budget demonstrates the estimated receipts and estimated expenses of the government for 1-year.
I have a problem in economics on Production utilizing knowledge or technology. Please help me in the following question. Production necessitates utilizing knowledge or technology to apply energy to rise the: (i) Amount of resources accessible. (ii) In
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