How do you define a control in economics, Microeconomics

A control in economics means a steady profit rate that is enhancing. Thus, after one year you could have £1mill profit then the next year £3mill profit etc.

 

Posted Date: 4/1/2013 5:34:10 AM | Location : United States







Related Discussions:- How do you define a control in economics, Assignment Help, Ask Question on How do you define a control in economics, Get Answer, Expert's Help, How do you define a control in economics Discussions

Write discussion on How do you define a control in economics
Your posts are moderated
Related Questions
An economy has only one member Robinson Crusoe. Robinson allocates his time between fishing and collecting fruits. One hour spent finishing yields 4 fish. One hour spent collecting

are most local phone companies natural monopolies?

Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4

Ask question #what is an indifference curveMinimum 100 words accepted#

Income and Substitution Effects A fall in price of a good has the two effects: Substitution & Income -Substitution Effect Consumers will tend to buy more of the good

how do you calculate opportunity cost

Problem: (a) Distinguish between fiscal and monetary policy, giving examples where appropriate. (b) Explain how fiscal and monetary policies might be used by a government

(a) What  are the problems associated with R 2 and how can adjusted R 2 solve them? (b) If the regressors  in an equation are highly correlated, which measures can be used to

Why is it considered well to bring all BOP's to zero?   If BOP of any country is zero, it reflects that the present account of that country has sufficient balance to meet the n

Consider the market for purple magic markers. The demand for purple magic markers is perfectly elastic and the supply is upward sloping. If sellers of purple magic markers are taxe