Reason of Economic problem
Why an economic problem does arise? Answer: It arises due to following reasons: A) Shortage of resources. B) Alternative utilizations of resources. C) Limitless wants and limited resources.
Why an economic problem does arise?
Answer: It arises due to following reasons:
A) Shortage of resources. B) Alternative utilizations of resources. C) Limitless wants and limited resources.
How Reciprocal Trade Agreements Act had goal of reducing tariffs?
What are the major legal forms of business organization?
Economic efficiency for society needs which the: (i) opportunity costs of all goods be at their lowest possible values. (ii) maximum probable benefits are acquired for given costs. (iii) greatest possible net benefits are squeezed through available re
Micro economics and macro economics:Economic theory can be widely divided into micro and macroeconomics. The word micro means small and macro means big.In microeconomics, we deal
Who owns the factors of production and the method used to coordinate economic activity?
Why is the problem of unemployment a part of the subject matter of economics?
Elucidate the gains that have occurred using the resources as before specialization?
Intermediaries ultimately prosper only when they give a service of decreasing: (1) demand for a good (2) prices paid to manufacturers of a good. (3) transaction costs. (4) rivalry for various types of resources. (5) cut-throat competition into markets
I am facing difficulty in this question. Help me in find out correct answer of this economy based question. From heterodox perspective, why do business enterprises choose administered prices as opposed to highly flexible prices?
By the perspective of nowadays academic standards, Adam Smith must have more evidently acknowledged that several the analyses and insights for that he took credit within his Wealth of Nations had really been gleaned from the writings
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