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Economics Questions and Answers (Q&A)

L.Steven
Answered: Jan 07, 2018
The market economy is a special kind of economy in which the economic decisions and ultimately the market is guided by self-interests and the prices. There is little, if any government...Read More

3 Answers

F. Ray, Student
Answered: Jul 09, 2018
FCC stands for Federal Communications Commission. They are in charge of regulating some of the media industries which include social media. There are a lot of people who are in favor of net...Read More

3 Answers

Mohamed Hassan, Student
Answered: Jul 25, 2018

A broker has to report a change of the address within 30 days afterthe address was changed

3 Answers

Yufifa.lato, Student
Answered: Dec 03, 2017

1. generally accepted ,

2. store of value,

3. stability,it must be stable,not changing always,

4. medium of exchange,

5. unit of payment.

3 Answers

I. Klose, Accountant
Answered: Jul 17, 2019
It is best to know the difference between economics and business, especially to students who want to go for the financial career path. These two may go side by side, but they also relatively...Read More

2 Answers

H.Jennifer, Accountant
Answered: Apr 23, 2018
In micro-economic theory, the opportunity cost, also known as alternative cost, is the value (not a benefit) of the choice of a best alternative cost while making a decision. Opportunity cost is...Read More

2 Answers

E. Austin, Accountant
Answered: Nov 23, 2018
Most of the people fighting against the FCC are the people within the government, such as New York's Attorney General Eric Schneiderman, believes in a free, open internet because this is all part...Read More

2 Answers

W. Mocroft, Philanthropist
Answered: Jan 02, 2019
Causes and effects. An economy suffers a downturn from undue inflation, deflation and disenflation. Firstly, when demand is greater than supply of a commodity, or higher prices of a key element...Read More

2 Answers

Shivutek, Philanthropist
Answered: May 16, 2017
Make his indifference curves steeper, but will not alter the equilibrium position.

2 Answers

S. Nicole, Wordsmith
Answered: Jun 27, 2018
MR = MC rule applies both to pure monopoly and pure competition. Hence, the correct option is D. Basically, MC=MR is a profit maximization formula where MC stands for Marginal Cost and MR s...Read More

2 Answers

F. Ray, Student
Answered: Jul 09, 2018
It seems that the FCC may have its own reasons for allowing companies to take control of the media. The FCC has stated that their main reason for allowing companies is to help companies grow as...Read More

2 Answers

Ambarish Ramasubramanian, Student
Answered: Mar 08, 2019

Money helps in easier buying and selling.

2 Answers

J. Harty, Writer
Answered: Feb 28, 2019
The answer to this is letter A. It is a known fact that the water that people can drink and use has considerably lessened over the past years. There was a time when clean water was abundant and...Read More

2 Answers

K. Wilson, Marketing Analyst
Answered: Jan 17, 2019
All is provided by the government except for letter D. even though the food is a basic necessity of a person, it is not the government’s job to provide free for to its people. We live in an...Read More

2 Answers

B. Mclean, Sales Manager
Answered: Apr 19, 2019
What does PPF mean? This is the acronym for Production Possibility Frontier. A classic example of this is letter B. The mythical country is called Alpha and it has the chance to produce two goods...Read More

2 Answers

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