Average product of a factor - short period analysis, Average Product (AP) o...

Average Product (AP) of a Factor: The productivity of a factor is often seen in terms of its average contribution. Although not very important in the theoretical discussions,

Price elasticity of demend, hoe does the knowledge of price elasticity of d...

hoe does the knowledge of price elasticity of demand important to the government

RESOURCE MARKETS, 1. What is a resource market? 2. Describe resource deman...

1. What is a resource market? 2. Describe resource demand and resource supply. 3. Define derived demand. 4. Describe the resource market demand and supply curve. 5. Define a te

Distinction between human capital and resource and manpower , Distinction b...

Distinction between Human Capital and Resource and Manpower Health and education are normally considered as human capital. Health includes both physical health and fitness. E

Concept of firms, what is the type of the firms

what is the type of the firms

Use of resources - international monetary fund, Use of Resources - INTERNAT...

Use of Resources - INTERNATIONAL MONETARY FUND: IMF provides temporary assistance to member-countries to tide over balance of payments deficits. When the country requires fore

Frictional and cyclical unemployment, Frictional and Cyclical Unemployment:...

Frictional and Cyclical Unemployment: Frictional Unemployment: It refers to unemployment caused by changes in individual labour markets. This is the type of unemploymen

Macroeconomics: the big picture, describe who gets hurt in a recession, and...

describe who gets hurt in a recession, and how.

Transactions and propose at least two strategies, a) Examine at least three...

a) Examine at least three (3) possible areas for the industry that could lead to transaction costs, and describe each in detail.   b) Speculate about the behaviour that could

Difference between static and dynamic multiplier,