What is APC
What is APC? Answer: APC= C/Y.The ratio of income to consumption is termed as APC.
What is APC?
Answer:
APC= C/Y.The ratio of income to consumption is termed as APC.
Normal 0 false false
Assume that the market for a good is initially in equilibrium, and then the govt. places a subsidy on good. The probable result would be: (i) Raised production and purchases of good. (ii) That buyers would pay big prices for the good. (iii) Extended scarcity of the go
When after hiring the very last worker, the organization’s profit is similar as it was prior to the last worker was hired, the firm must: (1) Hire more workers to raise the profit. (2) Layoff several workers to raise gain. (3) Not hire any more workers. (4) Shut
Define? Marginal Rate of transformation?? Describe with the help of an illustration.
The proposition which taxing the rich to provide to the poor improves social welfare can’t be proved due to the impossibility of: (1) developing a political consensus about efficient redistribution programs. (2) the marginal utility of income di
Compared to either purely competitive firms or oligopolists, monopolies are: (w) more probable to consider the possible reactions of other firms. (x) oblivious to the actions of other firms. (y) less likely to engage
The cross-elasticity of demand measures as: (1) the changes in quantities sold when the price of related good changes. (2) changes within the prices of substitute goods. (3) changes within the prices of complementary goods. (4) how quantities sold cha
People who decline to buy the products of a firm whose activities they disapprove, especially whenever such rejection is intended to support the employees who are on strike, and who advise others to not purchase such products, or to not deal with these firms, are enga
From society’s point of view, an optimal market solution is attained while: (w) everyone’s income is equal. (x) all goods are given in the economy. (y) marginal social costs only equal marginal social benefits. (z) consumer surplus equals
What is Marketability. Write some points for it.
18,76,764
1928076 Asked
3,689
Active Tutors
1438268
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!