Product transformation curve, Production: - Firms should choose how muc...

Production: - Firms should choose how much of each to produce. - The alternative quantities can be illustrated by using product transformation curves. Product Transforma

Price elasaticity, why does the quantity of education change in the privat...

why does the quantity of education change in the private universities much more responsive than salt as to changes in price?

Physical capital, Physical Capital: A tangible tool, machine, building or o...

Physical Capital: A tangible tool, machine, building or other productive asset that is used to produce other goods or services. Pollution: Many economic activities involve disch

Production possibilities curve, what happen when a new resources has been d...

what happen when a new resources has been discovered for computer

Critically examine recent development in demand theory,

Calculate the traditional net present value, Fiera Corporation is evaluatin...

Fiera Corporation is evaluating a new project that costs $45,000.  The project will be financed using 40% debt and 60% equity, thus maintaining the firm's current debt-to-equity ra

Long - term periods of stagnation, Long Waves: Longer-term periods of stagn...

Long Waves: Longer-term periods of stagnation or growth in the economy, that can last for a decade or more and reflect broader changes in technology, politics, and international re

The nature of policy-making, The Nature of Policy-Making : It follows...

The Nature of Policy-Making : It follows that recommending policy must itself be a subjective exercise. The effects of particular-policies at a particular historical juncture

Iso-quant - long period analysis, Iso-quant: The dots in the above Fi...

Iso-quant: The dots in the above Figure denotes the various combinations of (L, K) that the producer can pick up from form to produce. Among these combinations, there can be t

Perfect competition, equilibrium price and output.

equilibrium price and output.