weighed marginal cost and marginal benefit
Cite examples of recent decisions that you made in which you, at least implicitly, weighed marginal cost and marginal benefit?
Examples of command economies are: a) the United States and Japan b) Sweden and Norway c) Mexico and Brazil d) Cuba and North Korea
Tariffs: -are also called import quotas. -may be imposed either to raise revenue (revenue tariffs) or to shield domestic producers from foreign competition (protective tariffs). -are per unit subsidies designed to promote exports. -are excise taxes on goods exported abroad.
1. Examples of command economies are: A. The United States and Japan. B. Sweden and Norway. C. Mexico and Brazil. D. Cuba and North Korea.
The equilibrium interest rate is determined
DISCUSS the experience of high GNP countries and low GNP with regard to PQLI.
Explain the concept of “economies of scale” and “increasing returns”.
Analyze at least 3 possible regions for the industry which could lead to transaction costs, explaining each in detail.
Differentiate between APC and MPC. The value of which of them can be greater than another and when? Answer: APC is the average
What are the limitations of using GDP as an index of welfare of a country?A) The N.I. figures provide no indication of the population, skill and resource of the country. Thus the levels of welfare stay low.B) A higher N.I. migh
In government budget, primary deficit is Rs. 10,000 crores and interest payment is Rs. 8,000 crores. Compute the fiscal deficit?
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