L Q MR MPL MRPL W TVC MFC 1 15 6 2 2 2 3 37 222 12 6 72 72 4 10 6 18 10 10 4 A 6 36 32 32 5 46 6 10 10 6 47 6 6 B 28 The correct value for the blank labeled A is

Q: What are economic systems, and how do they differ?

A: Answer: Economic system: it refers to the system by which resources, goods, and services are…

Q: How did ideas relating to economics vary, and how did these evolve in Europe during the early modern…

A: Economics refers to the subject that helps us solve the problem of scarcity of resources and…

Q: why being poor is expensive? expand

A: The economics as an area of study deals with the use of resources in the economy, or society. The…

Q: what can the government do to provide awareness and knowledge about people who are not literate in…

A: Answer - Need to find- what can the government do to provide awareness and knowledge about people…

Q: According to economists why do students tend to study?

A: Through a variety of perspectives, economists and social scientists examine student behaviour,…

Q: In your own words explain how the world's economy work.

A: World economy is aggregation of all economies across the world. The globalization is key factor…

Q: How business schools can improve the quality of education to produce and nourish good business…

A: Business schools are the major sources of making leaders for the future for the corporate world,…

Q: Discuss economics as a social science

A: Economics is the study of behavior of consumers, producers, households and business.

Q: Why is productivity important for the economy?

A: Productivity refers to the ratio of quantity of output to quantity of inputs. It describes how…

Q: An economic systems mechanism which deals with production

A: An economic system is a method by which societies or governments organise and distribute available…

Q: What comprises middle-income economies

A: For operational and analytical purposes, world bank classifies the economies in three groups: low…

Q: What are economic communities?

A: Answer: Economic communities are formed to promote international trade and economic cooperation…

Q: A healthy economy that is working properly is called

A: full work as an economy in which the joblessness rate approaches the nonaccelerating expansion pace…

Q: Write a summary of the fundamental concepts of economics.

A: The objective of this question is to provide a summary of the fundamental concepts of economics.…

Q: List the two branches of economics.

A: Economics  is the investigation of how people, associations, and state run administrations apportion…

Q: How can economic changes affect society?

A: Economic changes can affect the society in various ways: 1. The cost of living has the significant…

Q: WHO IS THE FATHER OF THE MODERN ECONOMICS

A: Economics is the study of social activities in which people interact with each other to make…

Q: Relationship between economic geography and economics

A: The economics is mainly divided in the two parts which are microeconomics and macroeconomics. The…

Q: How can you say that economics is part of today's society?

A: The resources in our economy are limited while the wants are unlimited. This makes the resources…

Q: four

A: The characteristics of economic systems are : Command Economy : the government is in turn control…

Q: Once people could only trade what they could produce with their hands or find in nature for things…

A: The three fundamental problems of any individual or economy is wants are unlimited, resources to…

Q: If welfare benefits were reduced, then the country would be better off.

A: Economics is a branch of social science that describes and analyzes the behaviors and decisions…

Q: Select the statement that accurately describes traditional economies.…

A: The objective of the question is to identify the correct statement that accurately describes…

Q: Identify some problems of the country (Philippines). Do the identified problems have something to do…

A: Introduction The economic system in Country P is a hybrid one that combines various forms of…

Q: Choose one theory of economic development and draw/graph/write an economic model that described this…

A: Linear stages theory - This a historical growth model given by Walter Whitman Rostow in 1960. His…

Q: A good economic theory

A: Economic theory is a set of broad ideas or assertions that attempt to explain economic reality. It…

Q: Reading Comprehension Producers and consumers Once people could only trade what they could produce…

A: The measures that are required to reduce the negative impact of free trade include setting minimum…

Q: Which economic system works best for societies?

A: An economic system is a system that determines the production and distribution of goods and…

Q: As you read about global economics, complete the chart by filling in the cause or effect

A: Simply said, globalization is the linking of various regions of the globe.Globalization is described…

Q: Once people could only trade what they could produce with their hands or find in nature for things…

A: Consumers make consumption decisions and buy goods and services. Producers decide how much to…

Q: Background information on Economics?

A: The compelling birth of economics as a different discipline might be followed to the year 1776, when…

Q: mic

A: The science which studies how people tend to interact with each other along with the prospects of…

Q: Reading Comprehension Producers and consumers Once people could only trade what they could produce…

A: Giving subsidies to smaller, local suppliers is one of the regulations that may help to reduce the…