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Economics
Page 10
Questions (21,586)
Briefly explain the types of elasticity of demand? What is the relevance of cross elasticity of demand?
1 answer
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Rajesh
14 views
What are the demand determinants
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Rajesh
10 views
What is the elasticity of supply explain the types of elasticity of supply
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Rajesh
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Define perfect elastic and inelastic supply in simple terms
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Rajesh
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What are the factors of production? How does an iso-quant differ from an indifference curve?
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asked by
Rajesh
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Explain various cost concepts how to calculate marginal cost
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asked by
Rajesh
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How to determine price and output in oligopoly market?
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asked by
Rajesh
6 views
Which of these statements best describes a mixed economy?(1 point)
Responses A. In Israel, the government plays a smaller role in
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23 views
What is the most likely effect on a person's income if he or she has little education and few skills?
(1 point) Responses The
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asked by
Landon Sharp
24 views
The table shows the production possibilities for a technology company that produces both tablets and laptops that utilize the
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asked anonymously
21 views
According to Adam Smith, how does the division of labor lead to prosperity?(2 points)
Responses A Dividing labor would limit the
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43 views
In 3-5 sentences, evaluate if the United States has been a leader in the global economy in recent decades.
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18 views
Explain how adjusting the reserve requirement can have either a positive or negative impact on the economy depending on the
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14 views
What occurred because of the Free Banking Era in the U.S? (1 point)
• Monetary reserves increased • The U.S. banking system
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How did China deal with foreign investment under Deng Xiaoping?(1 point)
Responses It only allowed foreign investment in special
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How does a monopoly violate a consumer’s right to choose? (1 point) Responses It helps consumers afford the product. It helps
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11 views
A factory produces beach umbrellas they Have a fixed cost, they must pay no matter how many umbrellas they produce, and a
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9 views
What is one criticism of NAFTA?(1 point)
Responses That it led to a loss of jobs and manufacturing in the U.S. and Canada. That
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26 views
A) What are the causes of a recession? What happens to a county's output and prices after a recession has ended? Write 3-5
1 answer
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What is the best definition of gross domestic product, or GDP?
money paid to the government in taxes to support public goods and
1 answer
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13 views
Which of these are factors in determining whether a person is counted in the unemployment rate? Select all that apply.
whether
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16 views
In 3-5 sentences, evaluate if the United States has been a leader in the global economy in recent decades...
3 answers
asked anonymously
9 views
An economist made the following statement. Is the economist correct? Explain.
"Even if jobs growth is not negative, a lack of
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11 views
What is cost-benefit analysis? (1 point)
Cost-benefit analysis is used to aggregate the costs from several different O plans and
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Why does the government oversee the provision of public goods?(1 point)
Responses Public goods are goods and services that tend
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Which type of unemployment is the product of a healthy economy?(1 point)
Responses None; unemployment is the result of an
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9 views
What monetary policies should the Federal Reserve enact to combat higher inflation rates for consumer goods and services?(1
1 answer
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12 views
Which of the following resulted from the recent renegotiation of NAFTA?(1 point)
Responses The economic gap decreased between
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asked anonymously
7 views
How did India's population and economy MOST likely affect their country during the COVID-19 crisis? (1 point)
Because everyone
1 answer
asked by
L
9 views
Regardless of the motivation for aid, such as economic, political or moral support, aid has failed to deliver the promise of
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asked anonymously
8 views
5 of 325 of 32 Items
Feature A bar graph shows U.S. trade with Canada and Mexico from 1993–2013. The chart is titled U.S. Trade
1 answer
asked by
thena
9 views
Describe one boom and bust cycle that affected Washington state-describe its impact on the state what role did the government
1 answer
asked by
sir man
19 views
Analyze the following gross national income (GNI) numbers and the country populations to select the country that has the highest
9 answers
asked anonymously
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Which of the following best explains an important limitation of per capita national income?(1 point)
Responses Per capita
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Laws and taxes that make it more difficult or more expensive to import goods are known as ...(1 point) Responses red tape red
1 answer
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d
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Identify the concept that refers to how much workers are paid by their company. (1 point)
Responses absolute advantage absolute
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asked anonymously
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Jon earns $20 per hour in his current job and works 35 hours a week. His disutility of effort is equivalent to a cost of $4 per
2 answers
asked anonymously
134 views
you are hired as the consultant to a monopolistically competitive firm. The firm reports the following information about its
7 answers
asked by
Sally
9,567 views
As the aggregate price level falls, the number of domestic products purchased by foreigners will [rise], causing the quantity of
5 answers
asked by
Jake
3,765 views
4.Consider a hypothetical economy in which rice functions as money. In addition to being valued as money, rice is valued as a
5 answers
asked by
Anonymous
1,497 views
May I get some help please?
Which result will most likely happen if the exchange rate for a country’s currency goes down? A.
5 answers
asked by
Sam
1,506 views
Which phenomenon would be cited as evidence of increased economic interdependence between Europe and Americas?
A. the agreement
60 answers
asked by
Lost
10,490 views
3. The following facts characterize the furniture
industry in the United States:39 a. The industry has been very fragmented, so
2 answers
asked by
mike
1,168 views
9. What is the impact of the Fed’s interest rate hike? Explain your views in three main key points.
2 answers
asked by
11111
213 views
Economic growth it is measured by what
2 answers
asked anonymously
106 views
According to the classical model, if the economy starts at full employment an increase in aggregate demand will cause all of
3 answers
asked by
111
166 views
You get to choose between pizza and tacos for dinner tonight. You choose pizza. What is the opportunity cost of your decision?
*
1 answer
asked by
Hann
132 views
Give three reasons why resources in Ghana are not fully utilized.
7 answers
asked by
Abigail
1,260 views
XYZ company’s cost function for the next four months is
C = 500,000 + 5Q A. Find the BE dollar volume of sales if the selling
39 answers
asked by
utban
9,590 views
What will happen in an area where large deposits of a desired mineral are found? Select the two correct answers.
The area will
10 answers
asked by
joseee🐖
8,013 views
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