Wealth definition of economics
Who is the father of economics and what is wealth definition of economics?
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Adam Smith is known as father of economics and he gave wealth definition of economics. The study of the nature and cause of national wealth is economics. He said economics is the study of wealth that involves how wealth is produced and distributed.
Illustrates the term Advertisement Elasticity of Demand?
Illustrates the opinion of Samuelson for explaining Law of Demand?
Where managerial economics treat as a tool? Answer: Managerial economics is like a tool for decision making and forward planning.
Explain the Price Elasticity of Demand.
If compared along with average high school graduates, in that case average Americans along with college degrees: (1) uniformly earn more at every point over their whole lives. (2) earn more primarily early throughout their careers. (3) earn more, but only later during
challenges of Equilibrium picing in devloping countries
Illustrates the Regression and Correlation statistical method of Demand Forecasting?
When, for a specified output level, an absolute or perfectly competitive firm's price is less in that case its average variable cost, so the firm: w) is earning a profit. x) must shut down. y) must increase output. z) must increase price. Q : Want exact answer answer written below answer written below is correct for the question detail exception of demand curve ?
answer written below is correct for the question detail exception of demand curve ?
What are the advantages and disadvantages of survey techniques?
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