Resources and Factors of Production
Of the given words, the term most synonymous along with the term “factor of production” is: (i) technology. (ii) innovation. (iii) entrepreneur. (iv) capital. (v) resource. Please guys help to solve this problem of economics with some explanation.
Of the given words, the term most synonymous along with the term “factor of production” is: (i) technology. (ii) innovation. (iii) entrepreneur. (iv) capital. (v) resource.
Please guys help to solve this problem of economics with some explanation.
By using knowledge and/or technology to apply energy to change materials, thereby making the materials more precious is: (w) production. (x) demand. (y) a total cure for scarcity. (z) economically profitable. Can someone clarify/he
Positive economic analysis would take in testing a theory which raising cigarette taxes would: (1) harm smokers much more than it helped non-smokers. (2) enhance social welfare by reducing smoking from teenagers. (3) boost cigarette prices and decreas
Does the entire thing have a price? Are there several things you would not perform regardless of price? (Keep in mind that prices and money is not synonyms; here prices may be nonmonetary.)
Define one reason that the purchases of recently issued bonds and stocks: (1) just only increase the value of federal funds. (2) Are not economic investments since they are just alternative forms of people’s financial saving? (3) Reduce the prof
Changes in relative prices make easy allocative efficiency through operating like a rationing mechanism while: (i) Ken and Barbie postpone their wedding since they both lost their jobs throughout a recession. (ii) Political instabilit
The knowledge embodied within economic capital and the “recipes” people make use of to combine materials, energy and other resources therefore production happens are commonly considered to as which one: (i) The production function, (ii) Ca
Can anybody suggest me the proper description for given problem regarding positive theory in Economics generally. Positive theory which is inaccurate: (w) can be disproved through logic and fact. (x) includes poor
The chorus of a Rolling Stones' song begins along with a line that is, "You can't always acquire what you wish for," that broadly explains the economic problem posed by which factor: (v) scarcity, (w) opportunity costs (x) human greed (y) diminishing returns and (z) marginal utility? How
The predictable outcome of the 2001 to 2002 droughts within the U.S. farm belt was to: (w) raise the price and quantity of farm goods sold. (x) stimulate exports of U.S. wheat. (y) reduce the supplies, and increase the prices of farm goods. (z) boost demands and price
Can anybody suggest me the appropriate explanation for given problem regarding normative economics generally. Normative economics is critical while an economist tries to: (i) predict how OPEC's refuse will influenc
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