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Economic cost is the total cost of choosing one action over another. It includes the actual funds spent (accounting cost) and the amount of money that could have been made by using the funds spent and other resources on some other action (opportunity cost).
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What is the definition economic gain?
The definition of economic gain is opportunity costs that are deducted from revenues earned. Economic gains are good as it means a country is growing financially and economically.
What is the definition of the economic perspective?
The making of purposeful decisions in the context of marginal costs and marginal benefits.
Does the Economic instability have high economic and social costs?
yes
What is the definition of ECONOMIC ASPECT?
Entrepreneurs economic aspects
What are the different economic and non economic costs of unemployment?
Economic costs is the decrease in goods and services that occurs as result of unemployment but non-economic cost is the increase in goods and services that occur as result of unemployment.
What is the definition economic gain?
The definition of economic gain is opportunity costs that are deducted from revenues earned. Economic gains are good as it means a country is growing financially and economically.
What is the definition of the economic perspective?
The making of purposeful decisions in the context of marginal costs and marginal benefits.
Does the Economic instability have high economic and social costs?
yes
Definition of controllable costs?
Well....That would be the control of costs
What is the definition of ECONOMIC ASPECT?
Entrepreneurs economic aspects
What is the definition of labor in economics?
the definition of labor and economic
What is the definition of Economic Demand?
no answer
What are the different economic and non economic costs of unemployment?
Economic costs is the decrease in goods and services that occurs as result of unemployment but non-economic cost is the increase in goods and services that occur as result of unemployment.
Economic planning definition?
angel-queen@live.frif you no the answer to this question: what is the definition of Economic continuum email me at dolphinman@live.ca
What is the definition economic development?
The definition of economic development is the process in which an economy grows or changes and becomes more advanced, especially when both economic and social conditions are improved.
What is the definition for economic?
yo moma !
Why does economic growth create higher living costs?
Economic growth, for society as a whole, should lower living costs by increasing real wealth.
