Economics assignment

Assignment Help Business Economics
Reference no: EM13158 , Length: 13

The document contains following crucial Questions and their elaborated comprehensive answers:-

1.      A. How do merit goods differ from public goods? Illustrate your answer with appropriate examples.

B. Which of the following have the property of non-rivalry?

1.      A can of drink

2.      public transport

3.      a commercial radio broadcast

4.      The sight of flowers in Public Park.

2.      How will you define economies of scale?

3.      What is meant by diseconomies of scale?

4.      Why are the firms likely to experience economies of scale up to a certain size and then diseconomies of scale after some point beyond that?

5.      Explain the following concept with examples:

  • Variable Cost
  • Fixed Cost

6.      In the long run all the costs are variable. Explain?

7.      With the help of appropriate examples , define the following terms :

?   Black Economy

?   Money Laundering

8.      Using examples explain the terms 'consumer surplus' and 'producer surplus'?

9.      With the help of diagrams, explain the factors that can influence the level of demand and supply for a product. Discuss the concept and significance of cetrius paribus when analyzing these factors. Illustrate your answer with suitable examples.

At the end of the assignment also given the references which are very crucial to be studied

Reference no: EM13158

Previous Q& A

  Islamic Calligraphy

Islamic calligraphy or Arabic calligraphy is a primary form of art for Islamic visual expression and creativity.

  New attack models

The Internet evolution is and is very fast and the Internet exposes the connected computers to attacks and the subsequent losses are in rise.

  Developing strategic intent for toyota

The following report includes the description about the organization, its strategies, industry analysis in which it operates and its position in the industry.

  Risk allocation in construction contract

The paper aims to shade intensive lights over risks allocation and its related aspects embedded with a construction contract.

  Effectiveness of training programs in achieving customers an

The main motive for conducting this research is to provide broad range of research of the literature and their reviews related to training and development and assisting the employees in providing customers satisfaction.

  Gulliver''s view of science

Write on  Gullivers view of science or politics, Jonathan Swift’s view about science is explicitly portrayed in this novel Gulliver’s travel. Jonathan swift says the scientific researches and the experiments will be utter waste of time and it will be..

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Discussions

Discussions: For each discussion mentioned in the attachment, write one page. The response discussed three ways that changes in technology contributed to the globalization of markets and production and how technology is creating global opportunity.

  Major barbara by bernard shaw

Topic:  Major Barbara by Bernard Shaw,  Total Word Count: 750-1000 words . Referencing has to be in MLA format. Double spaced.

  Operationalize sustainability

This assignment is designed for you to analyze an organization and to help develop a plan for that organization to better Operationalize sustainability in the future.

Reviews

Write a Review

 

Similar Q& A

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