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Economists generally do not classify those goods or services that are necessary for survival as needs.?
No. If they are necessary for survival, then they are needs.
What are two reasons why economists have a reputation for giving conflicting advice to policymakers?
Economists often give conflicting advice to policy makers for two basic reasons: 1) economists may disagree about the validity of alternative positive theories about how the world works and/or 2) economists may have different values and therefore different normative views about what policy should try to accomplish
What does a firms supply schedule show?
A firm's supply schedule shows the relationship between the price of a good or service and the quantity that a firm is willing and able to produce and sell at those prices. It typically presents this information in a table format, detailing various price points and their corresponding quantities supplied. This schedule helps businesses and economists understand how supply changes in response to price variations, reflecting the principles of supply and demand in a market.
Why do economists say there is no such thing as a free lunch?
It relates to the notion that government aid programs (like those that provide free food) are paid for by taxpayers.
What is empirical economics?
Economincs based on observation or experience rather than theory or pure logic. Empirical Economists estimate elasticities and try to navigate the difficult path of distinguishing causation from correlation. For example, given that those who are breastfed for a longer time in Africa tend to be unhealthier than those who aren't, does brestfeeding in Africa cause illness for children or are the children who are breastfed longer those who deal with constant healt problem? Is breastfeeding making them unhealthy, causation. Or are unhealthy children breastfed further into their life because it is good for them, correlation.
How do I calculate the drop length of my tablecloth?
For a Rectangle table: Measure the width and length of your table, then subtract those numbers from the width and length of the tablecloth and then divide by 2. For a Round table: Measure your table at its widest, then subtract from the tablecloth diameter and then divide by 2. Example: Your table is a 60" round. The tablecloth is a 90" round. 90"-60"=30" 30" divided by 2=15" 15" the drop around the table!
What are the even prime numbers 1-100?
There is only one even prime number, the number 2.
Who do most economists support Obama or McCain?
Economists interviewed by Fox News favor McCain. Those appearing on CNN are for Obama.
How do you make an cumulative frequency table?
you get a range and put all the numbers in their correct range and those together
How many composite numbers are there from 1 to 40?
Look up a table of prime numbers. All those numbers that are not prime, are composite - except 1, which is neither prime nor composite.
What is a joint frequency?
Entries in the body of a two-way frequency table that show the count (the frequency) for each combination of those two categories. Example: The highlighted numbers in the body of the table are joint frequencies.
How does a multipacation table work?
A multiplication table displays the results of multiplying numbers from 1 to 10. Each row and column represents a number, and the value at the intersection of a row and column is the result of multiplying those numbers. The table helps students learn and memorize multiplication facts.
What are multiples of 2 called?
Those are called "even numbers".Those are called "even numbers".Those are called "even numbers".Those are called "even numbers".
What are all the odd composite numbers from 100 to 1000?
The odd numbers are 101, 103, 105, 107, 109, etc. - just add two at a time. To include only composite numbers, look up a table of prime numbers, and delete those from the list.
What does data mean in science?
Data are either the results of experiment express in the measure form of numbers, or those numbers under some conditions of statistical analysis.
Economists generally do not classify those goods or services that are necessary for survival as needs.?
No. If they are necessary for survival, then they are needs.
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.
