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Economics

Economics is the study of production, distribution and consumption of goods and services whether in a city, country or a single business. Questions about supply and demand and economic theory are welcome here.

500 Questions

How is southern Mexico and northern Mexico alike?

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Asked by Wiki User

Both are part of Mexico, and that's pretty much it. Both regions are opposite in terms of economy, population, cultural traits and even ethnicity:

  • Northern Mexico is industry-oriented while southern Mexico is mostly rural
  • Northern Mexico is sparcely populated while southern Mexico has a much bigger population density.
  • Northern Mexico is dominated by the Sonoran and Chihuahuan deserts while southern Mexico has a tropical, humid climate.
  • Northern Mexico's ethnicity is in general terms, "paler" than the rest of the country due to European immigration throughout the 19th century; southern Mexico tends to be "darker" due to several Native American peoples that survived the contact with Europeans.
  • Northern Mexico is more akin to the southwestern US -- in fact, the cowboy culture was "invented" in Mexico -- while southern Mexico has more affinity to Central America.

What is a undesirable business practice?

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Asked by Wiki User

Data privacy violations: Collecting and using consumer data without proper consent or transparency is a major concern. This includes practices like data scraping (illegally harvesting personal information) or selling user data to third parties without proper notification.

What would NOT help a company increase profits?

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Asked by Wiki User

Neglecting digital marketing. In today's digital world, businesses need to have a strong online presence. This includes having a user-friendly website, being active on social media, and running targeted online advertising campaigns. While digital marketing can be a powerful tool for reaching new customers and growing sales, it's important to use it effectively to avoid wasting resources.

What does Money saving mean?

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Asked by Wiki User

Saving money means you put money in a envelope or a bank account. "savings" Well you put it away and you don't touch the money and you keep adding money to the envelope or bank account

Are milk and butter substitutes or complements?

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Asked by Vietdoll

Neither. Milk is an input for butter. One does not use milk on toast instead of butter which would make it a substitute. Nor does one always eat milk with butter which would make it a complement.

Money saving tips?

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Asked by Wiki User

1. shut off ALL electronics and lights when leaving your home and going to bed.

2. recycle, i don't know if it saves money but it definatly helps our Earth.

3. use cupons.

4. walk during the summer and spring or drive less often.

5. buy things that you ONLY NEED. you don't need the newest television or Starbucks everyday. buy things that you need like tolite paper and food.

6. drink more water. you have to BUY soda. drinking more water is good for your body and skin.

7. Invest in a dog or two. people who own dogs are alot less likely to get robbed (losing all of your expensive property and collectives). if you are going to get a dog please get one from your local pound.

8. don't be ashamed to shop at a dollar store for clothing and foods. Find a Dollar General Market near your home. they sell everything from dog food to bras.

9. Tell other people too.

10. ask God to help you make wise money decisions.

well here are a couple of things i have. hope they helped

keep researching.

God Bless you and your family

What is the Interrelationship between utility and best use?

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Asked by Wiki User

Property utility and highest and best use are both concepts in real estate and property valuation, and they are interconnected in the sense that the highest and best use of a property is closely related to its usefulness or satisfaction that a property provides to its owner or user.

Where are north face jackets made?

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Asked by Wiki User

Well, in 1999 a maker named Walter McAuthur had his own station for sowing clothes

he lived in Millersburg,Michigan.And afterwards he passed away and

different people started taking over his station.So,to answer that

question North Face jackets are made in Millersburg,Michigan.

Which of the following is an example of specialization?

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Asked by Wiki User

A South American company harvesting bananas.

How did the South's economy benefit?

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Asked by Wiki User

slavery benefited the southern economy because raised a lot of money for the slave owners,especially when the slaves get extra jobs,because all of the money the earned goes straight to their owner. :(

What causes abnormal demand curve?

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Asked by Wiki User

Prices falling can cause abnormal demand curve. Any kind of changes to the price, production, etc. can also cause abnormal curves in demand.

In economics gold and salt are examples of which form of money?

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Asked by Wiki User

Gold and salt are examples of commodity money in economics. Commodity money is backed by the intrinsic value of the goods or commodities themselves.

How does mercantilism differ from capitalism or the free enterprise system?

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Asked by Wiki User

Mercantilism allows governments to control economies, while capitalism gives individual more economic control. -Apex 2.4.2 test

Luxury goods like Dom Perignon champagne tend to have demand curves?

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Asked by Wiki User

Luxury goods like Dom Perignon champagne tend to have ______ demand curves.

Ou Important questions for MBA 1st sem?

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Asked by Wiki User

The most important question for the MBA first semester is the reason of pursuing the masters program.

Difference between trading blocs and trading blocks?

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Asked by Wiki User

Trading blocs are groups of countries that have formed agreements to reduce trade barriers and increase economic cooperation, like the EU or NAFTA. Trading blocks, however, is a term less commonly used and can refer to specific sectors or groups of securities within the trading market. The two terms are distinct and relate to different aspects of trade and markets.

What Characteristics of a buoyant economy?

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Asked by Wiki User

Six characteristics of buoyant economy

If the Federal Reserve increases the reserve requirement and velocity remains stable What will happen to nominal GDP and why?

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Asked by Wiki User

A significant increase in reserve requirements will reduce the lending of member banks resulting in a relatively smaller supply of M2 money.

Money can bought and sold repeatedly by each stock speculator throughout the day. Just look at the volume netted and cleared by stock speculators on a daily basis. Therefore velocity has no obvious unambiguous meaning outside of something like nominal GDP divided by money supply. Therefore by this definition a decrease in money supply must be countered with a decrease in GDP to keep velocity stable.

What are the Limitation to Law of diminishing marginal utility?

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Asked by Wiki User

http://wiki.answers.com/Q/What_are_the_Limitation_to_Law_of_diminishing_marginal_utility"

What is the best free Snagit Alternative?

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Asked by Brenda Wolf

ScreenRec is the best Snagit alternative. This has some extra features to offer too. The best thing about it is that it is absolutely free.

What impact does online shopping have on traditional stores and shopping mall?

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Asked by Epard0303

Shopping online does not give the stores the opportunity to let you try things on or even see if they look good on you.

By shopping online, customers may not see other items that they would purchase if they were in the store.

Online shopping also affects the other stores in the mall. By shopping online, the customer may only go to that one store's web site. If they went to the mall, they would go into several stores.

How do you you make money fast doing surveys?

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Asked by Wiki User

There are many opportunities available to make money online by taking surveys. Companies are often eager to get feedback from their customers and are willing to pay for it, so this can be a great way to earn some extra money. You can find survey opportunities on various websites or search for them online.

Taking surveys online is a great way to make some extra money on the side. Most surveys are easy to complete, and the payout can range from a few cents to a few dollars, depending o

n the survey. The money you make can add up quickly if you complete a lot of surveys.

There are many platforms available for taking surveys online, including Survey Junkie, Swagbucks, InboxDollars, Attapoll, Toluna and MyPoints. All of these websites provide access to surveys and other activities where you can earn rewards for completing them.

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