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What is the explanation for the concept of marginalism in economics?
Wiki User
∙ 10y ago
consumers surplus define
Wiki User
∙ 10y ago
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What is an explanation of the division in Economics?
the economics tools is the corruption.because corrution si the biggest part of economics to be continued
What are the key elements of economics?
The four key elements of economics are description, analysis, explanation, and prediction. Mr. Talton Economics Teacher
What the difference between positive economics and normative economics?
Positive Economics is the branch of economics that concerns the description and explanation of economic phenomena. Normative economics is the study of economics that attempts to determine the desirability of different economic conditions.
What are the four key elements of the study of economics?
Description Analysis Explanation Prediction
What use is the concept of perfect competition in business economics?
circular flow
What is an explanation of the division in Economics?
the economics tools is the corruption.because corrution si the biggest part of economics to be continued
What are the key elements of economics?
The four key elements of economics are description, analysis, explanation, and prediction. Mr. Talton Economics Teacher
Give you the concept of managerial economics?
ABAY
What the difference between positive economics and normative economics?
Positive Economics is the branch of economics that concerns the description and explanation of economic phenomena. Normative economics is the study of economics that attempts to determine the desirability of different economic conditions.
What is environmental economics?
Define concept of Sustainable Development?
What is the difference between positive and normative economics?
Positive economics is the branch of economics that concerns the description and explanation of economic phenomena. Normative economics is the study of economics that attempts to determine the desirability of different economic conditions.
The economics concept of market is?
the coming together of a buyer and seller
What are the four key elements of the study of economics?
Description Analysis Explanation Prediction
What concept means to have unlimited wants with limited resources?
scarcity economics
What use is the concept of perfect competition in business economics?
circular flow
How do you explain Define?
to provide an explanation of the meaning of a word or concept
What has the author Carl Menger written?
Carl Menger was an important figure in the development of the Austrian School of Economics. He is best known for his work "Principles of Economics," which laid the foundation for the theory of marginalism and subjective value. Menger's ideas helped shape the field of economics and influence the work of future economists.
