Topics
Products
Follow Us:

Economics Questions and Answers (Q&A)

Mohamed Hassan
Answered: Jul 25, 2018

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

4 Answers

241 views
Jamescpa
Answered: Feb 03, 2017
The increase/decrease in price may not necessarily be resulting to the shift of the demand curve. The best answer is the increase/decrease in need. Because, as the need of the product...Read More

4 Answers

209 views
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

312 views
H.Jennifer
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

3 Answers

292 views
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

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

3 Answers

205 views
Anika 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

3 Answers

351 views
John Smith
Answered: Feb 23, 2020
Resources are limited.

3 Answers

264 views
Ambarish Ramasubramanian
Answered: Mar 08, 2019

Money helps in easier buying and selling.

3 Answers

210 views
Yufifa.lato
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

207 views
Ken 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

3 Answers

220 views
Barry 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

3 Answers

217 views
John Adney
Answered: Mar 29, 2017
What, How,...Read More

3 Answers

208 views
JAFFRI
Answered: Jan 15, 2017
I think above answer is wrong, because Hotline number is available to inform insurer for emergency not for claims.
kindly correct if i am wrong.

3 Answers

201 views
Jatuha
Answered: Mar 06, 2017

The study of how people try to satisfy what appears to be seemingly unlimited and competing wants through the careful use of relatively scarce resources

3 Answers

201 views
Loading, please wait...

Email Sent
We have sent an email to your address "" with instructions to reset your password.