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Regarding microeconomics, which of the following statements is correct? a. accounting profit is greater than marketing costs b. accounting profit is different from economic profit c. accounting costs include opportunity costs d. economic profit is less than production costs.
Consider the production possibility frontier for a simple two-good (closed) economy. Quantities of good x produced are plotted on the horizontal axis. Quantities of good y produced are plotted on the vertical axis. Suppose that the production of both..
Estimate amount of former foreign-monopoly profit that is transferred as tariff revenue to home nation when home nation imposes tariff.
An automatic veto that occurs when Congress goes out of session within ten days of submitting a bill to the president and the president has not signed it, is known as
Illustrate what Monetary strategy Tools should the Federal Reserve use to fight a recession. Describe them thoroughly.
q1. explain how is the transfer cost s of an intermediate product find out d whena there is no exterior market for
The ABC Co. is considering purchasing a new widget machine. The company interest rate (MARR) is 12%. Which (if either) of the two new widget machines for which annual cost data are available should ABC purchase? Use incremental rate of return analysi..
q1. the project management role has several responsibilities in the area of scope. which of the following represent
altering of the interest rate to change aggregate demand. Fact that equal increases in government spending and taxation will be contractionary.
Several organizations and individuals – usually advocates of a balanced budget – maintain National Debt Clock. Is national debt a worry for the economy? Economists do not agree on the answer to this question. How did the 1974 Congressional Budget Act..
What is there relationship between consumption, savings and disposable income!! Discuss any three non income factors that determine consumption and saving!!
q.inflation and unemploymenta explain your answer why are inflation and unemployment often viewed as the key dare
A decrease in aggregate demand will cause
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