Cards in this guide (23)
Is 'If there is a hope there is a way' the correct wording for the saying or is it different
Are you thinking of "If there's a will theres a way?"
A banker and a member of Britain's parliament who developed the iron law of wages and introduced the idea of comparative advantage in Principles of Political Economy and Taxation
Your Answer: David Ricardo Correct
What does PC mean in economic terms
What is the amount of a goods or services that an producer is offers for sale
V-shaped contour lines pointing uphill indicate a
How does the circular flow model of a mixed economy compare with that of a market economy
Government is added into the circular flow model of a mixed
economy.
Why is the demand curve referred to as a marginal benefit curve
The link between a product and how much it is worth, the amount
it is in demand and how much customers are ready to pay for it can
be shown in economics on a graph known as a demand curve. This is
also known as the marginal benefit curve.
What is Circular flow of income model withdrawal from the circular flow
What is the historical economic role of the government includes all of the following except
What graph has an x in it
What does the circular flow model show
the interactions between households and businesses in the free
market
What is the study of how people manage their limited resources to satisfy their wants and needs
What type or organization has pro as a URL
the answer is licensed professionals such as doctors,
lawyers,etc.
What do you call in economic terms buying and selling of goods
Demand and Supply.
Demand= buying goods and services.
Supply=selling goods and services.
What is the standard of measure for a physical quantity and is included as part of the x and y axes labels on a line graph
What two things make a product have value
The principle of "supply and demand". If the supply of a product
is higher than the demand, the product is worth less due to its
availability. Conversely, if the demand exceeds the supply, then
the products is worth more due to its rarity.
Where do equilibrium occurs in economic
Where the demand curve and supply curve intersect.
What can you do if you find a misplaced book
Return the book to the library or the owner.
What is the least common a corporation sole proprietorship partnership or limited corporation
This department operates the Bureau of Mines which conducts reports on mining techniques.
What best explains the purpose of the supply schedule
to show the relationship between quantity supplied and
prices
How does nnpc achieve internal economics of scale
How does nnpc achieve internal economics of scale
