304 Answered Questions for the topic economics

28d

#### Find the first and second derivatives of M with respect to X

M = 9X4 - 12 X 9 + 25 X Y Z + 50

29d

#### What does the law of demand state?

A. When price increases, the quantity demanded by consumers will remain unchanged.B. When price increases, the quantity demanded by consumers will decrease.C. When price decreases, the quantity... more

29d

#### Which of the following is likely to increase aggregate demand and help an economy expand in periods of recession?

49. Which of the following is likely to increase aggregate demand and help an economyexpand in periods of recession?A. Open market sales of government securities by the Fed.B. An increase in the... more

29d

#### Other things being equal, and assuming an upward sloping labor supply curve, an increase in the demand for labor in manufacturing will

13. Other things being equal, and assuming an upward sloping labor supply curve, anincrease in the demand for labor in manufacturing willA. have no effect on either the equilibrium wage or the... more

04/22/20

#### economics question

A consumer will be on a ___ indifference curve with a conditional grant than with an unconditional grant. A. higher B. lower C. the same D. none of the aboveThe production function for a firm is... more

04/22/20

#### economic question

With a typical production function, diminishing returns occurs ____________ the diminishing average product is reached. A. after B. before C. at the same point D. none of the above

04/22/20

#### Why is taxation necessary?

Control the money supply and manage economic growth prevent a regressive method of production protect domestic producers from foreign competition enable government planning of the economy

04/21/20

#### Can someone help me write a short story with these words?

APRBalance TransferCreditCredit CardCredit limitCredit ReportCredit scoreDebtFair Credit Reporting ActInstallment LoanInterestMortgageRevolving CreditSchumer BoxVariable-rate APR

04/17/20

#### what is the most of each good that Canadians can consume when the economy is open?

Two Canadians workers, Sam and Joe, can each produce tv or coffee. Sam can produce either 50 kg of coffee or 1 tv per month. and Joe can produce either 120 kg of coffee or 1 tv per month. f)... more

04/13/20

a) Suppose the price of flour increases from $0.80 to$1.00 a pound and the quantity demandeddecreases from 100 pounds to 95 pounds. What is the price elasticity of demand for flour? Is thedemand... more

04/03/20

#### In economics what is labor elasticity?

Elasticity is a fundamental economic concept to understand intuitively. If I were to say that a single working mother is an example of labor inelasticity, would that be correct? In business and... more

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