Economists say that competitive markets are efficient because when there is competition prices are lower. The more available an item, the less it will cost the consumer.
When a nation exports more than it imports, economists say it has a trade surplus. This situation indicates that the country is selling more goods and services to foreign markets than it is purchasing from them, which can lead to increased economic growth and a stronger national currency. A trade surplus can also reflect competitive advantages in certain industries or sectors. However, sustained trade surpluses may lead to tensions with trading partners.
why are ecomics scarce?
Marginal benefits and marginal costs
Its known as a trade surplus
Its known as a trade surplus
When a nation exports more than it imports, economists say it has a trade surplus. This situation indicates that the country is selling more goods and services to foreign markets than it is purchasing from them, which can lead to increased economic growth and a stronger national currency. A trade surplus can also reflect competitive advantages in certain industries or sectors. However, sustained trade surpluses may lead to tensions with trading partners.
When economists say that people act rationally in their self interest they mean that
why are ecomics scarce?
Marginal benefits and marginal costs
I would say that you need a policy for the entire year. The reason I say this is because of claims purposes. A general liability policy can be a reasonable premium for the year. I have several markets with competitive rates now so they are out there.
Market or markets in Japanese is å¸‚å ´ (ichiba).
efficient in is = αποδοτική
Its known as a trade surplus
Its known as a trade surplus
Its known as a trade surplus
Its known as a trade surplus
You may say 'kyousou.'