Welfare definition of economics
Explain the welfare definition of economics? Why is it criticized?
Derived demand curves for labor slope downwards since: (w) additional workers are usually less skilled and thus deserve lower wages. (x) when another resource is fixed, hiring more workers ultimately reduces output per hour worked. (y) higher wages us
A market is improbable to be contestable when entry needs new firms to incur very high: (w) variable costs. (x) fixed costs. (y) principal-agent problems. (z) marginal costs. I need a good answer on the topic of Economics <
what are the criteria for good forecasting
Describe the term Incremental Revenue in details.
Illustrates the factors governing prices and pricing decision in briefly?
States the Extrapolation statistical Method of Demand Forecasting?
If this firm maximizes profit, this will be producing under circumstances of: (1) increasing returns to labor. (2) economies of scale. (3) diminishing returns to labor. (4) constant returns to labor. (5) adverse selection and moral hazard. Q : Illustrates the case of customary Illustrates the case of customary pricing with details?
Illustrates the case of customary pricing with details?
Explain about econometric models.
Within a graph along with output on the horizontal axis and whole revenue on the vertical axis, determine the shape of the total revenue curve for a perfectly competitive seller: w) U-shaped. x) inverted U-shaped. y) a horizontal line
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