Based on the graph, the total amount paid to workers in this market (that is, total labor earnings) is

Q: Meaning of economic

A: Like the other social sciences, Economics also involves the study of human interactions with each…

Q: When managing time, consumers should consider time as if it were: (a) money or a scare resource (b)…

A: Having a resource that is scarce, including money and also time, is something that will be of…

Q: what is the meaning of a research instrument

A: The word "research instrument" refers to any device you may employ to gather, measure, and analyse…

Q: GST was first introduced in which country ?

A: GST was introduced in many countries to reduce the tax evasion.

Q: I also need help with C and D

A: The advertisement cost is a sunk cost, and this is exceptionally prominent in the oligopoly market.…

Q: In a business Finance/Budgeting situation, create a budget for month-long vacation trip to Australia…

A: The technique of controlling one's income and expenses in order to meet financial objectives is…

Q: are needs that we learn during our lifetime. Multiple Choice Ethics Ideals Desires Wants Values

A: Individuals tend to have certain needs and want in order to live a life they tend to desire or wish…

Q: Why are families so important to the American economy?

A: Rising monetary disparity in the United States and all over the planet is broadly considered a…

Q: Which of the following is not something you need to consider when planning for retirement how much…

A: The consumption smoothing is an important concept in consumer behaviour where an individual…

Q: What is home economic

A: Economics is a part/branch of the social-science in which we worried about the consumption,…

Q: Arnold Van would like to buy some 'sala' set for his new house and Aaron, another consumer would…

A: Sales at Sell = 35,500 Reseller = 30,000

Q: Why do we use mind mapping

A: Mind mapping is the diagrammatic representation of information, task or concepts.

Q: what is affordance and visibility?

A: Affordance: A feature of an object is to give the user a hint as to how to utilize it, what…

Q: After grauating with a BBA in Economics, Dwight is considering going to college to get a Ph. D. in…

A: Explicit cost is the cost which is actually incurred by the firm, during production. The firm adds…

Q: disciplines

A: In many of the countries, education is considered to be more than a means for enabling of progress…

Q: Write the method of  Computing the Present Worth?

A: Present value/worth is defined as the current value of the amount of money that a person will…

Q: The option or alternatives from which decision are made

A: Alternatives ought to reflect generously various ways to deal with the issue or various needs across…

Q: MAths and Economics difference

A: There is an overlap in the abilities, talents, and pursuits of both mathematics and economics. there…

Q: Data literacy and career: what's the deal?

A: The capacity to understand, work with, analyze, and communicate with data is known as data…

Q: Define volunteerism and give its benefits

A: Society: It refers to the group of people who lives together and do social interaction with one…

Q: you have $84.25. you get additional money for mowing lawns. then you purchase a new pair of shoes…

A: Marginal revenue is defined as the additional revenue earned by an individual when he sells an…

Q: What is economic and e commerce

A: This can be described as a form of market in which no single producer or consumer has the power to…

Q: Sasha and Brian just bought their new home, a high-rise condo located downtown. They measured the…

A: Consumer decision making process is that when consumer makes decisions about consumerable like…

Q: Adam picked 240 oranges from his orchard. He packed them equally in 12 bags and sent them to the…

A: Resource allocation refers to the process of distributing available resources among different uses,…

Q: What are the mathematical tools in research

A: Research and analysis is the basis of all the theories that are formed and analyzed so that they can…

Q: is currently earning $44,000 a year. He has worked for this firm for 5 years. He is considering a…

A: If Mark takes the job and attends the Ph.D program, he will have to give up the salary which he is…

Q: Does the Broader Diversification reduce the rate?

A: Yield: The term yield refers to the revenue or profit that is generated. For instance, the initial…

Q: How did economic change and urbanization affect family life?

A: Contrary to popular belief, urbanization is considered just as much a social as an economic…

Q: A pharmaceutical corporation has developed a unique new drug, making the company a monopoly. Demand…

A: For a monopoly, profit maximization occurs at the point where MR equals MC

Q: Why is it important to use Cash Flows in Economic Analysis?

A: The cash flow can be defined as the total volume of money which is transferred in and out of…