How can decrease in demand, Movements of the demand curve itself, either to...

Movements of the demand curve itself, either to the left or right are known as changes in demand.  A change in demand is caused by a change in one or more of the nonprice determina

The lower the value MR of monopolist ,

Transport infrastructure, Transport Infrastructure: The development of...

Transport Infrastructure: The development of transport infrastructure plays an important role in the growth process through increasing mobility of resources and increasing fac

Explain nominal money supply and real money supply, What is main difference...

What is main difference between nominal money supply and real money supply?  Real money supply is the supply of real money in the economy. Real money is supplied considering th

Economic cycle, Economic Cycle The economic cycle is the long-standing...

Economic Cycle The economic cycle is the long-standing sample of alternating times of economic growth (expansion) and decline (recession), followed by changing economic indica

Property & contracts, Analyze the various ways in which property rights enc...

Analyze the various ways in which property rights encourage economic development and make at least one recommendation for improving current laws. Explain your rationale.

Explain the economic principle, Various studies have concluded that the dem...

Various studies have concluded that the demand for movie cinema attendance is responsive to advertising.  A study of one company, with movie cinemas in three neighbouring towns, sh

The concept of consumer surplus, consumer surplus and elasticity of demand ...

consumer surplus and elasticity of demand assumption of consumer surplus criticisms of consumer surplus consumer surplus in terms of indifference curves importance of the concept o

...., Homework 4 Q1. Suppose a consumer has utility function (u) = xy where...

Homework 4 Q1. Suppose a consumer has utility function (u) = xy where x and y are amounts of two commodities that this consumer consume. Suppose this consumer’s income is $120, pri

Business cycle, measures to control business cycle

measures to control business cycle