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Why are costs important in economics?
How do firms incorporate opportunity cost to calculate economic cost? discuss and give example using an explicit economic cost and an implicit economic cost.
What is the following people buy fewer televisions as the cost for televisions gets higher?
That is an example of how economics works.
Why does choice arise in economics. Use an example to discuss the concepts of choice and opportunity cost?
why don't you get on with the coursework question.
What is the meaning of fixed cost in economics?
the cost which is not change with production fixed cost example rent of factory , employee salaries in case of manufacturing unit , fixed electricity charge etc.
What is an example of a search cost?
driving to a faraway place to find available goods
Why are costs important in economics?
How do firms incorporate opportunity cost to calculate economic cost? discuss and give example using an explicit economic cost and an implicit economic cost.
What is the following people buy fewer televisions as the cost for televisions gets higher?
That is an example of how economics works.
What is fixed cost in economics?
Fixed are the cost that are not affected the by the fluctuations in the level of activity. As an example the rent cost of a apperal manufacturing company would be a typical example of a fixed cost in short run as rental is not affected by the level of activity that is produced.
Why does choice arise in economics. Use an example to discuss the concepts of choice and opportunity cost?
why don't you get on with the coursework question.
What is the meaning of fixed cost in economics?
the cost which is not change with production fixed cost example rent of factory , employee salaries in case of manufacturing unit , fixed electricity charge etc.
What is an example of a search cost?
driving to a faraway place to find available goods
What is the plural form of Economics?
Economics... when used with a plural verb. For example, 'what are the economics of such a venture?'
What has the author Brian Patrick McCall written?
Brian Patrick McCall has written: 'The economics of search' -- subject(s): Mathematical models, Search theory, Economics
What is Austrian Economics?
http://www.google.com/search?hl=en&q=define%3A+Austrian+Economics
The general concern of economics is with the study of the?
economy. that's why it's called economics. for definitions, search encyclopedias.
In economics what is cost?
cost of what you give up to get it
What is an example of margin in economics?
KK
