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Which is studied by economists to understand how recourses are used?
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What do economists call taxes that are used between states?
Cheese
What is the word used by economists that include all these meanings?
Benefit
What are the two words most often used by economists are?
supply and demand
The two words most often used by economists are?
Supply and demand.
What is the one word used by economists that includes all these meanings?
Benefit
How did the eastern woodlands find there natural resources?
They used nature recourses like , maybe wild corn , wild berrys
Comparison of classical and neo classical economist?
classical economists are those economists who used 'scarce resources' concepts in their economic theories where as neo ones used price output income distribution like concepts in their theories.
In meeting the needs of stakeholders was it necessary for the company recourses to be used in a manner that did not maximise shareholders's wealth?
no one knows the answer ha ha
What do economists used to test solutions to questions for which there are no obvious or easy answers?
Cost benefit analyses
How do economists sometimes measure physical capital?
the number of telephones it has in relation to its population.
What do you understand by the market?
market failure is a term used in Economics to denote a condition in which free markets are not able to perform under the certain preassumptions made by economists. The main four reasons for market failure are monopoly power,externalities,public good and information failure.
What do you understand by market?
market failure is a term used in Economics to denote a condition in which free markets are not able to perform under the certain preassumptions made by economists. The main four reasons for market failure are monopoly power,externalities,public good and information failure.
