Early classical economists view the relation

Assignment Help Business Economics
Reference no: EM1313529

Q1. Explain how did the early classical economists view the relation between productions also consumption?

Q2. The Environmental Controls Corporation (ECC) is a multinational manufacturer of materials handling, accessory also control equipment. During the past year, ECC has had the subsequent cost experience after introducing a new fluid control device:

Q3. If we think of the economy as a production process, illustrate what are the five inputs or factors which Conclude aggregate output? Which results in intensive growth also which in extensive growth? Which one is maintainable also why?

 

Reference no: EM1313529

Questions Cloud

Onyx corporation design also manufactures a broad range : An Onyx Corporation design also manufactures a broad range of fluid handling also industrial products.
Explain decision making on the basis of the net present : Explain decision making on the basis of the net present value criterion and profitability index of a project with a net investment of $20,000
Computation for spell of unemployment : How many "spells" of unemployment occur each year in this economy? What percentage of the "spells" are only one month long?
What is the magnitude of the total acceleration a : A 0.449 kg ice puck, moving east with a speed of 2.91 m/s, has the head-on collision with a 0.846 kg puck initially at rest. Assume a perfectly elastic collision, what will be the speed and direction of each object after the collision.
Early classical economists view the relation : Explain how did the early classical economists view the relation between productions also consumption.
Finding width of confidence interval around population mean : For this same sample of n = 45, find out the width of confidence interval around population mean?  Illustrate all work.
Distance between the two stars : Astronomers discover a binary star system that has a period of 93.0 days. The binary star system consists of two equal-mass stars, each with a mass twice that of the sun, that rotate like a dumbbell about the centre of mass at the midpoint between..
Rate of the metabolic reactions : The rhythmic contractions of digestive system which pass the food through system are known as ______.   The chemical formed by the pancreas which helps to neutralize the contents of intestine is known as ______.
Colleges of business todayactor of production by a classical : ALL colleges of business today also was 1st proposed as a factor of production by a classical economist less than 40 years after Adam Smith.

Reviews

Write a Review

Business Economics Questions & Answers

  Effects of the consumer pessimism on aggregate demand

Assuming the policymakers do nothing, use the diagram below to show the effects of the consumer pessimism on aggregate demand.

  Advange over the computer world

What were there reason why IMB lost it advange over the computer world.

  Jalapeno pepper market

the changes that would occur to the jalapeno pepper market if suddenly Mexican food became popular, especially spicy Mexican food.

  Highest cost of migration

What is the highest cost of migration that a worker is willing to incur and still make the move

  Fixed and variable costs at fast food restaurant

Identify your fixed and variable costs at your fast food restaurant, and explain the changes to each of these costs, given the increased demand.

  Unions usually advertise to its members and potential member

Which of the government policies below is not likely to encourage per capita economic growth.

  Merits as well as drawbacks of each approach

The alternative is to tie bonus pay to some absolute measure of performance. Discuss the merits as well as drawbacks of each approach.

  Road runner club contributes money

The Road Runner Club contributes money to Senator Sly's reelection campaign fund, and Senator Sly helps pass legislation to add more jogging paths across the state

  Hire a man crew members

Suppose the owner of the trawler can sell al the fish caught for $75 every 100 pounds also can hire a man crew members as desired by paying them $150 every week.

  Aggregate demand recession is transmitted

Illustrate what is the mechanism by which an aggregate demand recession is transmitted from one country to another.

  Risk premium it charges on its loans

The risk premium it charges on its loans is classified as profits in economics.

  Every firms marginal cost is zero

Firms are competing by choosing prices. Suppose that every firm's marginal cost is zero.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd