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What do people supply in return for factor payments?
Land, labor, or capital.
How do wages effect on labor supply?
A higher wage will increase the quantity supplied of labor, however it will not affect the entire labor supply curve. As for individual industries, it depends on the specific labor elasticity. If the Supply is inelastic, a relatively large change in wage will yield a relatively small change in quantity supplied. However, if the labor supply is elastic, a relatively small wage increase will return a relatively large quantity increase.
How did the Great Depression relate to the school of classical economics?
the great depression appeared to disprove the classical theory that demand and supply could return to a healthy equilibrium through market forces alone
What are the forms of supply?
Types of supply :---- 1. Individual supply 2. Market supply
Can anyone helps to explain the links between changes in the nations money supply the interest rate investment spending aggregate demand and real GDP and the price level?
An increase in the nation's money supply lowers interest rates, thus decreases the cost of doing business. With a higher return on investment, investment spending increases and so too does aggregate supply. As aggregate supply increases, aggregate demand increases and so prices go up. Thus real GDP and APL increase.
How do identify supply and return lines on a th350?
Supply is above and return is under.
In a(n) fuel oil supply system one pipe is the supply and the other acts as the return.?
In a(n) ____________________ fuel oil supply system, one pipe is the supply and the other acts as the return.
Is it OK to close both the supply vent and return vent in a room?
I would say ok on the supply but not hte return.
What is a neutral word?
neutral is a return path of supply .
How many times will a narcissist return to his supply?
As many times as the supply will allow him to. So STOP allowing him to.
Where is the fuel line on a 96 Chrysler lhs?
The supply and return run all the way from the top of the fuel tank to the back of the engine.The supply and return run all the way from the top of the fuel tank to the back of the engine.
What do people supply in return for factor payments?
Land, labor, or capital.
What are the 3 lines connected to the fuel pump?
Supply, return, vent.
What are the four major components of the plumbing system?
Vent - Cold Water Supply - Drainage - hot water supply /return
How does water mix in under floor heating systems?
A thermally controlled mixing valve is connected between the hot supply line and the return line, tempering the hot supply with the cooler return water.
When you get rid of your satellite television do you have to return your satellite tv equipment supply?
You will need to return the converter boxes in order to stop the billing for them. You do not usually have to return the actual satellite.
What is the difference between supply and return air in an HVAC system?
Supply air refers to the conditioned air that is pushed into a room by the HVAC system, while return air is the air that is pulled back into the system to be heated or cooled again. Supply air is typically cooler or warmer depending on the season, while return air is the air that has already circulated in the room.
