Structural unemployment, Structural Unemployment: This is unemploymen...

Structural Unemployment: This is unemployment resulting from changes in the pattern of demand for goods and services or changes in technology.These changes may in turn alter

What learning curve implies?, Learning curve implies:  1) The requiremen...

Learning curve implies:  1) The requirement of labor falls per unit.  2) Costs will be high at 1 st and then will fall with learning.  3) After eight years the labor requ

Economic value, The monetary calculate of the welfare associated with the c...

The monetary calculate of the welfare associated with the change in the provision of some good. It is not to be confused with monetary value, unless the latter is explicitly desig

Examine the claim of the investigator, Problem 1: Write short notes on ...

Problem 1: Write short notes on all of the following: (a) Log Linear regression model (b) Lin-Log regression model (c) Individual versus Overall Significance Probl

Explain how oligopolies can work, Explain how oligopolies can work both for...

Explain how oligopolies can work both for and against consumers. Oligopolies market power can of course work against consumers - as price-setting and any form of collusion will

Diseconomics of scale, is a hotdog vendor''s stand a good example of diseco...

is a hotdog vendor''s stand a good example of diseconomics of sale?

The lower the value MR of monopolist ,

Why do demand curves generally slope downward, Why do demand curves general...

Why do demand curves generally slope downward?  The demand curve slopes downward because in general, the higher the price of the good, the fewer people will need to buy it.

Determinants of social demand for education - excellence, Determinants of S...

Determinants of Social Demand for Education - Excellence Apart from the three considerations identified by Prof. Musgrave for public investments in education and discussed abo

What is optimal choice of consumer according to behavior, What is optimal c...

What is optimal choice of consumer according to consumer behavior? Consumer's Optimal Choice: In the fundamental problem of preference maximization, the set of affo