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Economics

Economics is the study of production, distribution and consumption of goods and services whether in a city, country or a single business. Questions about supply and demand and economic theory are welcome here.

45,518 Questions

What is cemtex dep?

Cemtex dep is a type of explosive used in mining and construction. It's a powerful substance that can be dangerous if not handled properly. So, if you're thinki

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Why wouldn't producers want to produce output at the lowest average cost?

Well, friend, producers may not always aim for the lowest average cost because it could mean compromising on quality or worker satisfaction. Sometimes, investin

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What is capitilism?

Oh, dude, capitalism is like when everyone's out for themselves in the economic jungle. It's all about making that sweet, sweet cash and buying all the stuff yo

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Why management is concerned with ideas things and people?

Management in all business and organizational activities is the act of getting people together to accomplish desired goals and objectives using available resour

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Is lpu a better option to do ma in economics?

Lovely Professional University (LPU) is a good option for pursuing an MA in Economics depends on various factors such as the university’s reputation, the qualit

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Differences between real income and money income?

Money Income :- The income of a person is considered to be money income which is of his own disposal. eg - salary, wages, interest etc. Real Income :- The goods

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What is socioeconomic factor?

Oh, dude, socioeconomic factors are just fancy words for how much money you got and where you're at in society. It's like, your income, education, job, all that

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How much did bread cost in Germany during hyper-inflation?

During the hyperinflation period in Germany after World War I, the cost of bread varied significantly due to the rapidly depreciating value of the German mark.

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What were the advantages of a flatboat?

Oh, dude, flatboats were like the minivans of the rivers back in the day. They were great for carrying heavy stuff like goods and livestock. Plus, they were sup

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All things being equal what does the economics catch-phrase ceteris paribus mean when translated from Latin to English?

"Ceteris paribus" translates to "all other things being equal" in English. In economics, this term is used to isolate the effect of a specif

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How do you inflate your stomach?

Oh, dude, inflating your stomach is easy peasy. Just swallow a bunch of air or chug some fizzy drinks, and voila! Your stomach will puff up like a balloon. But

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What is a degree subject?

A degree subject refers to the specific area of study or discipline that a student focuses on during their academic pursuits at a college or university. It is t

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What jobs use mostly stem and leaf plots in thear work?

Well, isn't that just a happy little question! Jobs that use stem and leaf plots often include statisticians, data analysts, and researchers. These folks use st

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What are the types of elastricity of demand?

Oh, dude, there are like three types of elasticity of demand. You've got price elasticity of demand, income elasticity of demand, and cross elasticity of demand

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What are the career prospects after MA economics?

After completing MA in economics, first of all you decide which type of career you want. suppose , if want to ba a teacher (may be for school or college) you ca

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What country has the strongest houses?

Oh, dude, you're asking about the strongest houses? Well, technically speaking, Norway is known for having some pretty sturdy houses due to their strict buildin

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What are the disadvantages of cottage industry?

Some disadvantages of cottage industry include limited production capacity due to small-scale operations, lack of access to modern technology and machinery whic

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Why can some people inflate their stomachs?

you dont have to have some sort of disorder or anything to inflate your stomach. just get a pump to inflate a basketball and lube the end of the needle with som

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What is the role of commerce to satisfying human wants?

The role of commerce to satisfying human wants is to drive the capitalism and distribution of goods and services to consumers. Commerce is the entire process fr

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What is the main economic activities in each parish in Jamaica?

Oh, dude, like, in Jamaica, each parish has its own main economic activities. It's not like they all got together and decided to do the same thing, you know? So

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What is Patnership?

Ah, a partnership is like a beautiful painting where two or more people come together to create something wonderful. Just like how different colors blend on a c

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What are the disadvantages of mono economy?

As principais desvantagens da monoeconomia são: Desvantagens Econômicas Vulnerabilidade a flutuações de mercado: Dependência excessiva em uma única indústria

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What are the Advantages and disadvantages of using a Money Order?

Advantages of Money Orders: Secure: Because it needs the recipient's consent, there is less chance of theft or fraud. Accessible: Since it does not require a ba

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Profile of Nigerian executives that moved from public sector to private sector?

Oh, dude, you're asking about Nigerian executives who made the leap from the public sector to the private sector? Well, they're probably pretty experienced, use

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What are the factors responsible for abnormal demand curve?

Several factors can lead to an abnormal demand curve, including changes in consumer preferences, shifts in income levels, fluctuations in the prices of related

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