Looking at the Keynesian policy prescriptions, do you believe that the United States have applied these prescriptions over the past several decades following the beginning of the great depression? Why? Do you think that our current financial crisis can be solved by Keynesian policy prescriptions? Why? Finally, do you think that our current debt is … Read more
✅ Answers ? Best Answer Chinese demand.
i am doing some school work and i need your help ✅ Answers ? Best Answer pros is that they are fashionable cons are that they cost more
what if the demand for goods is likely to be more elastic ,the smaller the fraction of consumer income absorbed by the good is when? 1. in the short run than in the long run 2. the more broadly defined the good 3. the greater the number of available substitutes for the good ✅ Answers … Read more
By infant i mean by new industries. And does the government help them achieve economies of scale/ fund them? ✅ Answers ? Best Answer From Midwifery, childcare supplies to crèche and schooling services we have a lot of economic activity in the UK focused on Infants. If alternately you meant new start up industries, then … Read more
explain! please! need help for microeconomics HW ✅ Answers ? Best Answer Bursts, everyone tries to sell to get cash.
Microeconomics wise. Like positive and negative externalities. Thanks in advance. 4 ✅ Answers ? Favorite Answer No, the government does not have to get involved. Coase theorem proves that the problem can be settled through market mechanism and compensation. The only problem which the government has to get involved is that the cost of negotiation … Read more
I am amazed how much more things are there (twice as much at least many times)..why is this? and how long has been this way? (do British people make twice or three times as much money as most Americans? if not, how they cope with the prices?) ✅ Answers ? Best Answer In comparison with … Read more
If a market has a single producer, and this monopolist decides to raise the price being charged for its product, demand in this market will shift left. ✅ Answers ? Best Answer false. The quantity demanded will decline. His demand is negative sloping. Even the monopolist can lose customers. Imagine when people don’t turn the … Read more
Can anyone give me a simple game which has Nash equilibrium (may be more than one) but no dominant strategy equilibrium 2 ✅ Answers ? Favorite Answer The game which has to use mixed strategies will have no saddle point or Nash equilibrium. a) Normal form is table with actions of one player down the … Read more