Technical change and vintage technology
In heterodox economics, what implications does technical change and vintage technology contain for the cost structure of the business enterprise?
Describe briefly high financial leverage, low operating leverage?
Evaluate and explain the statements: “Competition is the essential despot of the market economy”.
Illustrate the advantage and disadvantage of Sole proprietorship?
Distinguish between the resource market and product market in the circular flow model. In what way are businesses and households both sellers and buyers in this model? What are the flows in the circular flow model?
Briefly explain the term Price Earnings Ratio (or P/E Ratio)?
In words of Adam Smith, who theorized that the “natural price” of a good based most directly upon the: (1) wage rate and the relative amount of labor required to produce the good. (2) greater of the value of the good &ldqu
Question: Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest. How much control does the Fed have over this longer real rate?
Relative to other systems, economies in that people exchange goods or resources directly along with other people for other goods or resources without using money like a usual denominator rely relatively heavily upon: (i) barter. (ii) specialization. (
consumer's interview method for demand forecasting(point to point explain)
For rapid growth of world trade what are the factors of account since the Second World War?
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