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Alfred Marshal's greatest contribution to economics was the recognition that the time element was extremely important in determining?
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∙ 14y ago
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∙ 14y ago
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What was Alfred marshals greatest contribution to economics was the recognition that the time element was extremely important in determining which of these?
supply
What is the relevance of logic to economics?
the relevance of logic to economics is fairly negligible and only applies so far. For example the word value is extremely subjective and merely represents how much someone is willing to pay for something not an absolute value which is why banks asses loans on 50% of what your putting up
What is green economics?
Green economists perceive nature as being extremely valuable and seek to maintain it. Supporters of this branch of economics are concerned with the environment and believe that actions should be taken to protect nature and encourage the positive co-existence of both humans and nature. Emphasis is placed on creating value through quality rather than on accumulating material items and money.
What are the Keynes' critiques on classical economics?
One of the main critiques is on say's law, which is that supply creates its own demand. In a nutshell Keynes was able to explain the great depression by saying that demand creates supply. This is extremely simplified.
Importance of business economics?
Business economics is an extremely important matter. And should be of high concern for people in both large and small firms. The discipline allows you to better understand markets and potentially theorize a manipulation formula to better profits in said firm. While it can increase profits in the firm it should not be distinguished as the only method of production. As there are many different subjects which do need to be focused on as well as business economics. Business Economics would allow individuals to spot economic bubbles as well and make the needed changes in their own firm. For example the housing market crash of 2008 was the cause of an economic bubble which was not due to any one individual or corporation, but was the consequences of what sometimes happens in the market. The same type of even happened with Dutch tulips centuries ago. Which believe it or not traded for what would be millions of dollars today. Although, it is hard to grasp that an individual would pay for such a thing. Eventually, people caught on and tulips as well as rich individuals and people saw their incomes drop. If a person were to spot this in their investment and know this factor in business economics they could separate themselves from the bubble and failure. Maybe not entirely as the market could somehow reflect on them, but not enough to loose all income, and become extremely broke.
Alfred marshal's greatest contribution to economics was the recognition that the time element was extremely important in determining which of these?
supply
What was Alfred marshals greatest contribution to economics was the recognition that the time element was extremely important in determining which of these?
supply
Why electrons are typically not included when determining the mass of an atom?
its because they are extremely small
What helped black Americans during and after reconstruction?
That is an extremely general question. Helped them in regards to what? Economics? Racial equality? What?
Can you do chemistry if you're good at math and economics or is that a myth?
Being proficient in basic math (algebra) is extremely helpful if not required for chemistry on a high school level. Economics aren't really that relevant, except for the fact that it too relies extensively on mathematics.
Which is the world's most popular voice recognition software?
Probably Dragon NaturallySpeaking. It's extremely accurate, easy to use, and easy to train. I would highly recommend it!
What type of big cats gives contribution in ecosystem?
any animal in a ecosystem is extremely important. any animals removed OR introduced into a ecosystem will have serious consequences
What is the relevance of logic to economics?
the relevance of logic to economics is fairly negligible and only applies so far. For example the word value is extremely subjective and merely represents how much someone is willing to pay for something not an absolute value which is why banks asses loans on 50% of what your putting up
What is the basic principle of Isoelectric focusing?
The basic principle of isoelectric focusing is to determine whether molecules are negatively or positively charged. This is something that is extremely imporant when determining charges of specific things.
Determining your silver platter an its hallmarks?
Silver plate is the process of bonding an extremely thin layer (measured in microns}. This is an advertising ploy used to get you to buy their product, thinking it is Sterling Silver.
Why was James Watson a jerk?
Because he stole Rosalind Franklin's work (Photo 51) and received a Nobel Peace Prize for stolen data. Rosalind Franklin died, with no recognition. He is also extremely racist.
What is the difference between the spanish verbs KNOW?
"conocer" to say you know someone or to know about a certain topic extremely well. "saber" to know something or about someone just in basic recognition, not know about something deeply
