Sub-disciplines of microeconomics and macroeconomics

Assignment Help Business Economics
Reference no: EM13859999

On the three issues that economics suggests are worth discussing or consideration when seeking an efficient allocation. Discuss these against the backdrop of the ensuing principles or themes that emanate from them as well as how these relate to the sub-disciplines of microeconomics and macroeconomics.

Reference no: EM13859999

Questions Cloud

What is the new equilibrium price and quantity : What is the equilibrium price and quantity (P* and Q*) in the market for oranges with the following conditions? An event in Florida changed the supply of oranges. Demand did not change. The new supply equation is Q=5+P What is the new equilibrium pri..
The application of current US antitrust law : The application of current US antitrust law
Discuss agent clarice starling : Discuss Agent Clarice Starling. Hannibal Lecter, Doctor Chilton, Professor Jack Crawford and Buffalo Bill in your answer
What is meant by marginal analysis : What is meant by marginal analysis, and how is this related to the objective of efficiency for a society’s allocative choice.
Sub-disciplines of microeconomics and macroeconomics : On the three issues that economics suggests are worth discussing or consideration when seeking an efficient allocation. Discuss these against the backdrop of the ensuing principles or themes that emanate from them as well as how these relate to the s..
Argument about the lack of authenticity of ethnic food : Write an essay in which you develop an argument about the lack of authenticity of your chosen ethnic food in the U.S in light of the inauthenticity/adaptation of American fast food in its overseas branches (e.g., McDonald's)
Economic achievement from pre-independent : Briefly discuss China’s journey on its economic achievement from pre-independent until today.
Concepts to weigh the pros and cons of the alternative paths : What policy towards the automakers should we pursue? Should government leaders have provided outright grants to struggling automakers; what about more loans or loan guarantees? Concentrate on using your managerial economics knowledge, tools, and conc..
What are the gospels teaching about the covenants : What do these passages tell you about God's relationship with people through covenants? Which covenants are operative? What are the Gospels teaching about the covenants? Do these teachings explain the relationship between the covenants

Reviews

Write a Review

Business Economics Questions & Answers

  East also west wakovia will be elucidate how much tobacco

the combined production of East also West Wakovia will be Elucidate how much tobacco also Elucidate how much corn.

  Problems which lead to simultaneous linear equations

The Babylonians studied problems which lead to simultaneous linear equations and some of these are preserved in clay tablets which survive. For example a tablet dating from around 300 BC contains the following problem:

  What about medicare and medicaid

Specific areas of health care that you think may be worse off than others 2. Special population, communities or geographic areas that may be worse off compared to others. 3. What about the uninsured and the under insured, do you think that they deser..

  Sells a product differentiated from that of its competitors

For each of the following characteristics, say whether it describes a perfectly competitive firm, a monopolistically competitive firm, both, or neither. sells a product differentiated from that of its competitors. has marginal revenue less than price

  Here are five values for different types of elasticity

Here are five values for different types of elasticity. Assume that prices rose by 10% in the calculations for the price elasticity of demand and also in the calculations for the cross price elasticity of demand. In a multi-paragraph essay, explain w..

  Aggregate demand for discs

If Rob and Nate are the only people who purchase discs, graph the aggregate demand for discs and write down the equation for this aggregate demand function.

  Elucidate proponets of free market systems argue

Elucidate proponets of free market systems argue that free enterprise leads to more efficient production and better responses to changing consumers preferences.

  What would be ultimate impact on the equilibrium price

What would be ultimate impact on the equilibrium price also quantity in the market for oak tables if the price of maple tables.

  Constant yearly rate of inflation

What constant yearly rate of inflation would lead to the price rise observed over those two years.

  Explain as they inconsistent with each other

In a market economy, every resource will tend to be paid according to its marginal product. Highly productive resources will command high prices, whereas less productive resources will command lower prices.

  Elucidate firm profits-marginal cost and average variable

A profit-maximizing firm in a competitive market is currrently producing 100 units of output. Elucidate firm's profits, marginal cost, and average variable cost respectively.

  Illustrate what entity establishes a cost ceiling

Illustrate what entity establishes a cost ceiling and does it require government sanction for violators. Will it result in a surplus or a shortage.

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