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Economics

Explore the principles that govern the production, distribution, and consumption of goods and services. Economics offers insights into how societies allocate their resources.

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Questions
Q: How do you solve a crisp factory needs to make 875 bags in an hour . If a machine breaks down and the factory only makes 323in an hour how many does it need to make in the next hour to catch up
4 answers
Q: Why Gorvenment shall raise transport expenditure tp R80 billion with both urban and rural areas expected to benefit from creation of jobs and tourism
1 answer
Q: What is the study of how people seek to satisfy their needs and wants by making choices
3 answers
Q: What are the disadvantages of mono economy
4 answers
Q: Why may labor as a mobile factor of production be unwilling to move
7 answers
Q: What are some examples of pure public goods and how do they differ from other types of goods
2 answers
Q: What is the value of a 1918 one penny
1 answer
Q: How do you determine the value of a cryptocurrency
2 answers
Q: What are the disadvantages of indirect production
9 answers
Q: What are some examples of infinite resources
2 answers
Q: Why should the minimum wage be raised and what are three reasons supporting this change
4 answers
Q: How much is 30 pounds of us quarters worth
5 answers
Q: In what ways are entrepreneurs useful to suppliers
2 answers
Q: How can one calculate willingness to pay for a product or service
2 answers
Q: What are some examples of successful entrepreneurship businesses and how can aspiring entrepreneurs learn from them to achieve their own success
2 answers
Q: How much is 40 ducats in American money
6 answers
Q: How much is a pay to the bearer on demand 100 us dollar bill worth
2 answers
Q: Why the name 'chancellor of the exchequer'
2 answers
Q: A business owner wishes to know which clients are the highest paying clients of his business. What tool is he likely to use to find this information
2 answers
Q: What is the excess demand definition and how does it impact market dynamics
1 answer
Q: What is the relationship between the demand schedule and the demand curve in economics
1 answer
Q: What is the significance of game theory in determining Pareto optimal outcomes in strategic decision-making processes
1 answer
Q: What is the weighted average cost of capital (WACC) after tax for the company
1 answer
Q: Why is the demand curve for labor downward sloping
1 answer
Q: Would a firm earning zero economic profit continue to produce in the long run
1 answer
Q: Why will a perfectly competitive firm not earn an economic profit in the long run
1 answer
Q: Why would a bank be more likely to approve a loan application
1 answer
Q: Why would a country choose to devalue its currency
1 answer
Q: Will Greece default on its debt in the near future
1 answer
Q: Will the supply of a good be more elastic if the price of the good increases
1 answer
Q: Will the world run out of oil in the future
1 answer
Q: Why isn't full employment the same as zero unemployment
1 answer
Q: Why isn't the stock market open 24/7 and what are the reasons behind its operating hours
1 answer
Q: Why might a country choose to devalue its currency and what are the potential reasons behind this decision
1 answer
Q: Why might the Federal Reserve influence the money supply and interest rates in the economy
1 answer
Q: Why should investors consider buying dividend stocks
1 answer
Q: Why should investors consider purchasing negative yield bonds
1 answer
Q: Why should investors in the bond market be concerned about changes in interest rates and how do these changes impact their investment decisions
1 answer
Q: Why should the government raise the minimum wage
1 answer
Q: Why should the minimum wage be raised and what are the reasons behind it
1 answer
Q: Why is the stock market performing poorly
1 answer
Q: Why is there a decrease in production during a recession
1 answer
Q: Why is there a shortage of insulin and what factors contribute to this issue
1 answer
Q: Why is there a shortage of insulin
1 answer
Q: Why is there consumer surplus in the market
1 answer
Q: Why is there deadweight loss in a monopoly market structure
1 answer
Q: Why is there no supply curve for a monopoly
1 answer
Q: Why is understanding the water and diamond paradox valuable because it explains why
1 answer
Q: Why isn't elasticity solely determined by the slope of the demand curve
1 answer
Q: Why is the distinction between intermediate and final goods important for measuring GDP
1 answer
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