Propensity to consume
Propensity to consume: This exhibits the level of consumption at various levels of income in the economy.
Is there any rule of thumb for office rent or on lease per gross income? If yes, then explain?
Ex-ante investment: This is planned or desired investment throughout a specific period.
Select the right ans wer of the question. The Reciprocal Trade Agreements Act: 1) exempted American exporters from the Sherman Antitrust Act. 2) provided technological assistance to developing countries. 3) brought about considerable reductions in American trade barri
Describe precautions to be taken in estimating national income by expenditure technique? Answer: The following precautions are to be taken while evaluating N.I. by
A purely competitive firm maximizes profit through producing where is: (w) P = ATC. (x) P = MR = MC. (y) PQ = TC. (z) AFC = AVC. I need a good answer on the topic of Economics problems. Please give
Can someone help me in finding out the right answer from the given options. When firms function in purely competitive labor markets that produce a fixed money wage of w, then firms maximize profit by hiring the labor where w = the
Exit by a competitive industry will arise till economic: (1) profits are driven to zero. (2) profits counterbalance accounting losses. (3) incomes are equalized for comparable workers. (4) costs are sufficiently below accounting losses. (5) losses are driven down to z
Long run for the production theory is a time period across which: (i) All production occurs. (ii) Firms can adjust all their costs and resources. (iii) Bigger firms absorb the smaller firms. (iv) Marginal costs become decreasingly significant. (iv) Im
Deficit budget: When expenditure of the government is greater than its receipts, it is termed as deficit budget.
A monopolist will prevent operating within the long run unless its economic profit is: (i) zero. (ii) positive. (iii) greater than accounting profit. (iv) zero or greater. (v) zero or less. I need a good answer on
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