What does a mixed economy mean? (detailed please??? the more info the better??) What are it’s characteristics? What countries are counted to have mixed economies?
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- Folder - Google Dri Which of the following statement is true? In an individualistic society, an individual's identity is fundamentally tied to the identity of his or her group O In an individualistic society, ties between individuals are very strong In an individualistic society, an individual's identity is fundamentally his or her own In an individualistic society, collective accomplishments are more important than individual accomplishments Which of the following statement is true? * Social mobility, refers to the degree to which members from a collectivist society move to an individualist society Social mobility refers to the degree to which members from a lower social category move to a higher social category Social mobility refers to the degree to which people from emerging economies move to developed economies Social mobility refers to the degree to which people from developed economies move to emerging economiesWhich graph depicts a technological breakthrough in the production of Y only?Find at most 5 countries experiencing hunger in their area. State the following country: name of country and current scenario regarding hunger.
- What is the economic thought of: Ancient Greece Islamic Thinkers ScholasticsSean, a lecturer at Oxford University, is a staunch advocate of globalization. He asserts that globalization has benefited many people scientifically, culturally, and economically. Which of the following statements supports his assertion? O Globalization makes lifesaving devices, medicines, and technologies more readily available to the greater world population. O Globalization helps developed markets by making it easy for employers to move jobs to cheaper locations. O As a result of globalization and the spread of new technologies, levels of socioeconomic inequality have decreased. O As a result of globalization, 90 percent of all business investments are domestic.Are firms primarily buyers or sellers in the goods and services market? In the labor market?
- Please no written by hand solution Assume a society consists of two economic? groups: one group is rich and the other group is poor. Suppose that 50 percent of the population is rich while the other 50 percent of the population is poor. Consider two scenarios. Scenario? A: The rich have ?$60000 ?each, while the poor have ?$2000 each. Scenario? B: The rich have ?$7500 ?each, while the poor have ?$750 each. If you only care about average income and not about? equity, you would prefer ? a or b ?, which has an average income of ?$ ________. ?(Enter your response to the nearest dollar?.) Now suppose that you only care about equity or inequality. In this? case, you would prefer ? Scenario B or Scenario A ?, which has a? rich-to-poor ratio of ________. ?(Round your response to one decimal place?.) ?Finally, suppose you only care about living standards. In this? case, you would prefer ? Scenario B or Scenario A because it has lower poverty.How much time do people in the oilfields work and how much time do they have on vacations (oilfields in midland).use the following scenario to answer the following quation : an economy has a two workers smith and ricardo. each day theywork .smith can produce 4 computers and 16 smartephone. and ricardo can producce 6 computers and 12 smartphones. (1) the opppertunity cost for smith to produce one computer is ......... smart phones. (a) one quater of (b) one half of (c) one (d) two (e) four
- What graph should i draw on issue given in question number one? Can i get a sample of it with some explanation?Firm A Firm B 18- 14- 16 14- 12 10- 12 8 10- B. 8- 6- 4- 2- 2- 10 12 14 16 18 20 22 10 Corn Corn Part A What is the opportunity cost of one unit of barley for Firm A?O What is the opportunity cost of one unit of barley for Firm B? Give your answers as fractions. Part B What is the opportunity cost of one unit of corn for Firm A? What is the opportunity cost of one unit of corn for Firm B? Give your answers as fractions. Part C In which good does Firm A have a comparative advantage? In which good does Firm B have a comparative advantage? Part D In what good or goods does Firm A have an absolute advantage? In what good or goods does Firm B have an absolute advantage? Part E Suppose Firm A and Firm B divide their time equally between the production of both goods. What will be the total production of corn? units Now suppose both firms completely specialize in the product in which they have a comparative advantage and trade with one another.po Suppose that Paulie and Vinny can each produce ice cream or t-shirts. The table shows the quantity of each good that Paulie and Vinny can produce in 1 hour, respectively, if they devote all of their time and effort into making the good. Round all answers to two decimal places. © Macmillan Learning Paulie Ice cream (cups) T-shirts (quantity) 2.00 17.00 Vinny 7.00 12.00 a. What is Paulie's opportunity cost of producing a cup of ice cream? Paulie's opportunity cost: t-shirts b. What is Vinny's opportunity cost of producing a t-shirt? Vinny's opportunity cost: cups of ice cream c. Paulie has a comparative advantage in t-shirts and Vinny has a comparative advantage in ice cream.