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What does economist mean by the term Land?

all Natural Resources used to produce goods and services.


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.


What does an economist by the term land?

all Natural Resources used to produce goods and services To economists, the term land included fertile land for farming as well as the products that are in or on the land, such as coal or water.


What does an economist mean by term land?

all Natural Resources used to produce goods and services To economists, the term land included fertile land for farming as well as the products that are in or on the land, such as coal or water.


Which of these is a common concern of an economist?

How well resourse are being used.


What do you understand by underdevelopment?

Underdevelopment is when resources are not used to their full potential. The result of this is that local or regional development is slower than it should be.


What does an economist mean by the term land?

all Natural Resources used to produce goods and services To economists, the term land included fertile land for farming as well as the products that are in or on the land, such as coal or water.


How did you study the sun?

The sun can be studied in many ways. In order to study the sun, books, internet, the library, and a telescope, could be used. The library and the internet is full of resources and information regarding the sun.


What is a phoneme and how does it relate to the study of linguistics?

A phoneme is the smallest unit of sound in a language that can change the meaning of a word. In linguistics, phonemes are studied to understand how sounds are used in different languages and how they contribute to communication and meaning.


Why might an economist look at hundreds of cars moving along an assembly line and say there is an example of scarcity?

Possibly because making all those cars means that less of the resources used to mold and craft the car's materials is depleted, and that resource is possibly non-renewable.


Why do economist used ceteris paribus?

Economists used ceteris paribus to separate cause and effect by holding all other things constant.


Which is correct they had studied or they has studied?

It is not correct to say "they has studied". The correct way is to say "they have studied." There are many different places that a person can check grammar questions such as English grammar websites.