Significant causes giving birth to business cycle
What are the significant causes of business cycle to give birth?
Expert
Significant causes giving birth to business cycle may be summarized as given below:
• Seasonal fluctuations
• Under consumption or excessive saving
• Dealings of entrepreneurs
• Monetary disequilibrium
• Change in the volume of investment or decrease in the marginal efficiency of capital
• Lack of adjustment between demand and supply
• Innovation
• Expansion of loans and contraction of loans by banks.
Define naive method and its techniques briefly.
Illustrations of economic capital would NOT contain: (i) an accountant's computer. (ii) 1,000 shares of stock within Google. (iii) a sixteen-pound sledgehammer. (iv) tires upon an eighteen-wheeler truck. (v) paper into the printer of a romance novelis
States the term Demand Estimation.
All profit-maximizing firms will hire further labor up to the point where is the: (w) average physical product of labor equals the nominal wage. (x) last unit of labor adds equally to total revenue and total cost. (y) marginal product of labor is at i
What are the various fields of Economics? Explain.
The market supply of labor is the sum of the: (1) quantities of labor supplied by households at each wage. (2) wages paid to households for each quantity supplied. (3) quantities demanded by firms at each wage. (4) marginal products of labor at each l
Illustrates the marginal cost pricing and differential pricing?
Define the Revenue Concept in brief.
For labor Plastibristle’s demand for labor is least wage elastic at: (i) point a. (ii) point b. (iii) point c. (iv) point d. Q : Differentiate between Private Cost and Differentiate between Private Cost and Social Cost.
Differentiate between Private Cost and Social Cost.
18,76,764
1956806 Asked
3,689
Active Tutors
1446057
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!