We have never reached satiation

Assignment Help Macroeconomics
Reference no: EM131246560

Satiation occurs when people have everything that they need or want. Many economists have been fascinated with satiation. Which of the following is correct regarding satiation?

a. We have reached satiation many times

b. Capitalist economists have claimed that it is possible, but socialist have never made this mistake

c. There has been no indication that we have ever reached satiation, or are about to reach satiation

d. We have never reached satiation, but it is clear that we are nearing it

Reference no: EM131246560

Questions Cloud

Model this as a normal-form game : What is the Nash (Cournot) equilibrium of the game in which firms choose their quantities simultaneously?
Define and discuss cyberstalking : Define and discuss cyberstalking. Give some examples of cyberstalking and how, if possible it can be avaoided. Support your argument. Be sure to cite your resource(s), use APA style formatting.
Find the nash equilibrium of this game : How does the Nash equilibrium outcome compare to the socially efficient outcome as n approaches infinity
How the mission and vision are translated into strategy : Create a 7-10 slide presentation with speaker notes on an organization that exhibits characteristics of a socially conscience organization. Cite the mission and vision in your presentation. Explain how the mission and vision are translated into st..
We have never reached satiation : Satiation occurs when people have everything that they need or want. Many economists have been fascinated with satiation. Which of the following is correct regarding satiation?
Find a nash equilibrium of the game : Investment in the Future: Consider two firms that play a Cournot competition game with demand p = 100 - q and costs for each firm given by ci(qi) = 10qi. Imagine that before the two firms play the Cournot game firm 1 can invest in cost reduction. ..
Percent and the expected profit rate : If the going rate of interest were 10 percent and the expected profit rate were 18 percent, then the opportunity cost of a firm carrying out a $100,000 project for one year with its own funds would be?
Explain the purpose of a balance sheet : In a two- to three-page paper (not including the title and reference pages), explain the purpose of a balance sheet and analyze Ford Motor Company's balance sheet from its 2012 Annual Report. In your analysis, you must determine the financial rati..
Profit of a typical firm in market : In a monopolistically competitive market, in long run equilibrium, the government applies a specific $2 per unit tax per unit of output. What happens to the profit of a typical firm in this market, in both the short run and long run?

Reviews

Write a Review

Macroeconomics Questions & Answers

  Illustrate what are the arguments in favor of trade

Illustrate what are the arguments in favor of trade restrictions, and what are the counterarguments. According to most economists, do any of these arguments really justify trade restrictions.

  Illustrate what options do americans have in protecting

Illustrate what options do Americans have in protecting their Social Security and dealing with these issues? How are these done on the microeconomic level.

  Illustrate what policy actions have the federal reserve

Illustrate what policy actions have the Federal Reserve taken to confirm that direction.

  The first step in comprising the value of this stock today

The first step in comprising the value of this stock today, is to compute the value of the stock when it reaches constant growth in year.

  Define tax multiplier

Define tax multiplier MT ≡ ?Y∗/?T and government expenditure multiplier MG ≡ ?Y∗/?G (in calculus terms, MT = ∂Y∗/∂T and MG = ∂Y∗/∂G)

  Who benefits and who loses from protectionist policesies

Who benefits and who loses from protectionist policesies? - industries that use trade protected goods and inputs -trade protected industries.

  Calculations of cpi

What factors are considered in calculations of CPI? Explain your answer. Where would you find data on CPI and PPI in the United States? What does the current level of inflation tell you about the state of the US economy?

  How many ounces of solid food did stacie consume

You were asked to chart the amount of solid food that she consumed. For the noon meal today she ate 1/2 of a 3 ounce serving of meatloaf, 3/4 of her 3 ounce serving of mashed potatoes, and 1/3 of a 2 ounce serving of green beans. How many ounces o..

  Part a 1 describe three 3 ways we can use macroeconomic

part a 1. describe three 3 ways we can use macroeconomic analysis with one 1 original example for each way.2.you are

  Calculate the competitive market long run equilibrium

The Hair Stylist, limited, has a monopoly in College Park market because of restrictive licensing requirements, and not because of superior operating efficiency.

  Aggregate demand and supply model

Determine the expended change to gross product and the price level likely to be in the short run explain how can this be illustrated by an aggregate demand and supply model?

  Computation of best production schedule

Taiwan Electronics produces 3 models of the CB radios, A, B, and C-Employ the transportation model to find out the best production schedule.

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