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.
All else equivalent, when the output of one good raises, the output of other goods: (1) Should fall in an underemployed economy. (2) May rise as well when society begins on its PPF. (3) Will drop in an efficient and completely employed economy. (4) Essentially experie
Can someone explain/help me with best solution regarding problem of economic concept of societies... Within all societies, the economic problem involves: (1) learning to be content with what is obtainable, (2) Equa
Economic models based upon assumptions such that singles pursue their own self interests aspect that: (i) Generally predict better than models which assume humanitarian motives. (ii) Yield dubious outcomes for economics. (iii) Distort the economy with
I need a good answer on the topic of scarcity economic problems. Please give me your suggestion that program, which gives health care at no charge to patients would create: (w) top quality health care obtainable to somebody. (x) health care a free goo
A wristwatch is a model of the passage of time since it gives a: (w) simple representation of a complex process. (x) good illustration of modern technology. (y) way to coordinate human activity. (z) unique statement of one's personality. Q : Illustration of Opportunity Cost How How can I solve my economics problems? Please suggest me the accurate answer. Harry Homeowner pays three hundred dollar monthly upon a mortgage within a neighbourhood where matching houses rent for eight hundred dollar per month. T
How can I solve my economics problems? Please suggest me the accurate answer. Harry Homeowner pays three hundred dollar monthly upon a mortgage within a neighbourhood where matching houses rent for eight hundred dollar per month. T
Economic efficiency needs: (w) distributive, productive and allocative efficiency. (x) engineering and dynamic efficiency. (y) historical and sociological efficiency. (z) chemical and physical efficiency. How can I
In 1776 Adam Smith’s work, The Wealth of Nations, is mainly a description of how: (1) democratic socialism is more efficient than totalitarianism. (2) self interest is coordinated within a market system. (3) barriers to internat
The fact that human requirements exceed the production possible along with the resources obtainable is termed as economic: (1) scarcity, (2) welfare, (3) shortage and (4) deficits. Can someone please suggest me the
Can someone explain me with best solution regarding problem of organizing productive resource and innovating new products... Organizing another productive resource, innovating new products and production methods, and willingness to
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