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What economic situation exists when a business is able to sell exactly as many products as it is able to produce?
Wiki User
∙ 11y ago
Economic equilibrium!
Wiki User
∙ 11y ago
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3 Should an economic model describe reality exactly?
# Should an economic model describe reality exactly?
Should an economic model describe reality exactly?
Absolutely not.
Is it possible that any products demand curve is equal?
Such situation would only be possible if every consumer in the economy would have exactly identical needs and preferences. Such model can be used in highly aggregated theoretical model, but it is not realistic representation of demand.
Why should a business weigh the advantages and disadvantages of each ownership option?
This is done so that a business will know exactly what type or form of business is right for them.
What exactly are E Business Degrees?
An E Business degree is using your computer at home to prepare for a degree in business by taking online classes and passing them. This enable you to qualify for jobs in business such as internet, marketing, sales etc.
How much does it cost you to start a business?
Goodness, it depends on the business! Some businesses require very little start-up money, while others are quite expensive. You'll have to give more details: what business exactly, where do you live, how old are you, and what is the economic situation in your city?
When starting a new business and before writing the business plan-- how does one answer the question of what does your business do?
This consists of finding the purpose of your business (why do you do what you do) and also listing what exactly you do: what products/services you provide, where do you do your business (brick and mortar vs. online).
How business will be specialized in terms of products or service you offer?
Are you kidding?That's the part you figure out. That's exactly what operating a functional business is. How do you "specialize" anything? You think it up and then do it.You're welcome.
3 Should an economic model describe reality exactly?
# Should an economic model describe reality exactly?
What exactly is vista printcom?
Vista print is a company that prints all kinds of products for personal use and for businesses. Some of the products they list are business cards,calenders tee shirts and banners and flyers.
How many products did George Washington Carver make out of peanuts?
He invented exactly 325 peanut products. Exactly 325 products made of peanuts.
I need business idea of "barber shop business"?
What exactly do you need
Should an economic model describe reality exactly?
Absolutely not.
What economic goal is based on a sense of fairness?
Opinions vary. Socialism - It grants each person exactly what they need. The poor think that's fair. Fascism - It grants each business exactly what they need. The rich think that's fair. Capitalism - It grants each person exactly what they have earned. The productive think that's fair.
Why is it wrong to refer to ''balls''?
It's not wrong exactly. "Balls" is a slang term for testicles. It's not a polite term to use in public, or in a business or formal situation. You also wouldn't want to use it in front of your elders. But in a casual situation among friends, you could use "balls" if you want to.
What exactly is email marketing?
Email marketing is when you offer your products or business service to prospective customers who might have an interest in what you have to offer. The advantages of this are that it's quick, feedback can be immediate and it helps with the environmental cause.
What is a basic situation and Is it like a summary?
Yes, it is exactly like a summary.
