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Demand is a flow concept because our willingness and ability to buy is subjected to a time
period. At different times, we may have different demand schedules.
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∙ 14y ago
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Is production a stock and income a flow?
yes, production is a stock concept and income is a flow concept.
How could a business justify higher prices?
Depends on the business and demand.
Stock and flow concept in macroeconomics?
Stock concept doesn't have a time reference whereas Flow concept has time reference i.e. Stock concept gives the value at an instant of time while flow concept gives the values over a period of time.
What is the concept of economy?
The concept of Economy is supply equals demand. Without demand there would be no supply which helps make up the economy.
Marshal borrowed the concept of?
Marshal borrowed the concept of forces of demand and supply. This is a concept that had been established by Smith and Ricardo.
What biological concept strikes you most justify your answer?
gical concept strikes you most?
What is the relationship between a flow concept and a stock concept?
The flow concept is the one in which goods and services move from person to person. In the stock concept, stocks build up or get depleted, they do not flow.
What do the concept of the survival of the fittest was used to justify the?
Social Darwinism
What IS STOCK Concept and flow concept?
Stock concept doesn't have a time reference whereas Flow concept has time reference i.e. Stock concept gives the value at an instant of time while flow concept gives the values over a period of time.
Is production a stock and income a flow?
yes, production is a stock concept and income is a flow concept.
How could a business justify higher prices?
Depends on the business and demand.
Stock and flow concept in macroeconomics?
Stock concept doesn't have a time reference whereas Flow concept has time reference i.e. Stock concept gives the value at an instant of time while flow concept gives the values over a period of time.
What is the concept of economy?
The concept of Economy is supply equals demand. Without demand there would be no supply which helps make up the economy.
What is core concept?
Is Need,want,demand
What scientific explanation or concept do you know that may justify the statement?
tng ina mue
Marshal borrowed the concept of?
Marshal borrowed the concept of forces of demand and supply. This is a concept that had been established by Smith and Ricardo.
The concept of competitive advantage is as important for non-profit organizations as it is for profit organizations Do you agree with this statement of not Explain with examples to justify your an?
The concept of competitve advantage is as important for non- profit orgnizations as it is for profit orgnizatios Do you agree with this statement or not? Explain with examples to justify your answer.
