keynesian economists begin with the assumption that the state should regulate economic policy for everyone's benefit. why might sociologists, who subscribe to neoliberal theories, be critical of this idea?

Answers

Answer 1

They believe that markets without state interference lead to the best economic outcomes.

Economics is the look at scarcity and its implications for using assets, manufacturing of products and services, the boom of manufacturing and welfare through the years, and a superb style of different complex issues of essential concern to society.

A financial system consists of consumers who buy products and services, organizations that rent clients and make items, and the government at diverse degrees both purchase products, rent exertions, and levy taxes. Their collective interactions create a simplified financial system.

example: while Corn crop manufacturing increases the farmers lower the charge of the crop so that it will promote their produce. If the supply is too high then the demand i.e. the amount of corn needed to feed the people of the country, the products needed to be wasted and farmers lose their cost of production.

Learn more about economic here: https://brainly.com/question/17996535

#SPJ4


Related Questions

some people may think that once you’ve studied one city, you’ve studied them all. which is an example of why these people may be misinformed?

Answers

Compared to Baltimore, the Bailieues, or suburbs, of Paris are the worst portion of town practically from top to bottom.

False information that is disseminated without the intention to deceive is referred to as misinformation. This definition's second half needs to include a flag because it will be crucial in the future. In our daily lives, false information is frequently circulated. News flash: We humans are not flawless. Everybody is capable of making mistakes. We all have memory loss. Details are misheard or forgotten. We misrepresent information to our pals that we learned via social media or heard on television. Technically speaking, distributing misinformation is what you are doing if you are disseminating false information but are unaware that it is false.

Know more about the Misinformation at: https://brainly.com/question/28287033

#SPJ4

true or false
To pay for social insurance programs administered by the Social Security Administration, employers, employees, and the unemployed must contribute.

Answers

To pay for social insurance programs administered by social security administration, employers, employees, and unemployed must contribute. - True

In the United States, social insurance programs like the Social Security and Medicare are funded through a combination of contributions from employers, employees, and the self-employed. These contributions are typically deducted from workers' paychecks and matched by their employers.

The funds received through these contributions are then used to pay for the various benefits provided by these programs, such as retirement, disability, and health insurance.  Moreover, few people who are not currently employed, such as those who are unemployed or not working due to a disability, may also be required to contribute to these programs through taxes or other means.

Read more about social insurance programs on:

brainly.com/question/29740586

#SPJ4

the world price of a pound of almonds is $4.50. before uruguay allowed trade in almonds, the price of a pound of almonds there was $3.00. once uruguay began allowing trade in almonds with other countries, uruguay began:______.

Answers

If the world price of a pound of almonds is $4.50. Before Uruguay allowed trade in almonds, the price of a pound of almonds in Uruguay was $3.00. Once Uruguay began allowing trade in almonds with other countries, Uruguay began : exporting

What is exporting?

Exporting can be defined as the way of sending goods produced or manufacture in your own country to another country.

Based on the scenario Uruguay  tend to began exporting almonds and the price of this almonds per pound in Uruguay increased to  the amount of $4.50 from $3.00.

Therefore we can conclude that Uruguay began exporting almonds.

Learn more about Exporting at:

https://brainly.com/question/14099857

#SPJ4

for wickham co., sales is $3,000,000, fixed expenses are $900,000, and the contribution margin ratio is 36%. what is required sales in dollars to earn a target net income of $600,000? group of answer choices $1,666,667 $2,500,000 $4,166,667 $8,333,333

Answers

For Wickham co., sales is $3,000,000, fixed expenses are $900,000, and the contribution margin ratio is 36%. The  sales in dollars to earn a target net income of $600,000 is $4,166,667.

Profit margin is a measure of profitability. Calculated as a percentage of profit to sales. There are three types of profit margins: gross profit margin, operating profit margin, and net profit margin. Gross profit margin is calculated as gross profit divided by net sales.

Profit Margin is the percentage of remaining profit from a sale after all costs have been paid. Profit margin can be calculated by subtracting total cost from total revenue and dividing that figure by total cost. The formula is: (Total Revenue - Total Cost) / Total Revenue.

Profit Margin compares profit to sales and indicates how well the company is managing its finances overall. Always displayed as a percentage. There are three other types of profit margins that are useful when evaluating a business. Gross profit margin, net profit margin and operating profit margin.

Learn more about Profit Margin https://brainly.com/question/19865598

#SPJ4

What is a club example?

Answers

Yacht clubs, country clubs, and golf clubs all are examples of private clubs. Club an organization of people with a common purpose or interest, who meet regularly and take part in shared activities:

An private club is a spot that isn't available to the general population. A confidential individuals club is an association that gives social and different conveniences to individuals who regularly pay a participation charge for access and use.

Private club are places that are not open to the general population. Before an individual can go along with, it should be supported by the remainder of the participation. At the point when somebody goes along with, they ordinarily need to pay a commencement expense and a month to month participation charge.

Clubs should be subsidized basically by duty, levy, and contribution, with a restricted measure of pay from non-part sources and capital increases.

Know more about Clubs - https://brainly.com/question/29546259

#SPJ4

neither daniel nor gabrielle has an incentive to increase output further, nor does either have an incentive to decrease output. this outcome is an example of

Answers

Neither daniel nor gabrielle has an incentive to increase output further, nor does either have an incentive to decrease output. this outcome is an example of a Nash equilibrium.

There are two types of incentives: intrinsic and extrinsic incentives. Human behavior is motivated by internal motivations. They are often motivated by the work itself or by internal rewards in activities rather than by extrinsic rewards. There are various internal bonuses available.

For example, participating in activities can satisfy people's sense of accomplishment and make them feel good. A person is made to behave in a particular way for his personal gratification when he receives an intrinsic motivation. It turns out that when a person is intrinsically motivated, they will do a particular job for themselves without expecting any external benefits or feeling any external pressure to complete the task.

To know more about Incentive here-

https://brainly.com/question/13037087

#SPJ4

What are the transactions that the balance of payments accounts record?
The ______ account records receipts from exports of goods and services sold abroad, payments for imports of goods and services from abroad, and ______.
A. capital and financial: net interest income paid abroad and net transfers
B. trade; net income received from abroad and foreign investment in the United States
C. current; net interest income paid abroad and net transfers
D. current; net income received from abroad and foreign investment in the United States

Answers

The transactions that the balance of payments accounts record.

The current account records receipts from exports of goods and services sold abroad, payments for imports of goods and services from abroad, and  net interest income paid abroad and net transfers.

What kind of transactions are recorded in the balance of payments accounts?

The balance of payments summarizes an economy's international economic dealings. These transactions consist of transfer payments as well as the export and import of products, services, and financial assets (like foreign aid).

What are the balance of payments' four components?

Current Account + Capital Account + Financial Account + Balancing Item = 0 is the formula for computing the balance of payments.

To Know more about current account

https://brainly.com/question/29796923

#SPJ4

preparing financial statements at the end of each monthly fiscal period is an application of the accounting concept t or f

Answers

True, all the elaboration of financial statements is an application of the accounting concept, the first financial statement that a company must make is the balance sheet.

This allows to have an idea of all the financial processes that took place during the financial year and thus to determine the faults.

What are financial statements?

They are all those accounting reports that are made with the purpose of obtaining an image of the financial situation of the company, thanks to these documents the company analyzes the processes that are executed on a daily basis and makes decisions to make improvements.

Learn more about financial statements in: https://brainly.com/question/26240841

#SPJ4

why do stores rarely advertise the full price of big purchases like smartphones?

Answers

They provide the impression that the product is inexpensive by merely giving you the monthly payment.

With psychological pricing, the theory is that consumers will perceive the slightly reduced price as being cheaper than it truly is. As an illustration of psychological pricing, consider a product that is priced at $3.99 but is seen by the consumer as costing $3 rather than $4. Depending on the industry and business model at hand, the four main pricing strategies—value-based, competition-based, cost-plus, and dynamic pricing—are all often employed. The goal of psychological pricing is to elicit an emotional response, such as excitement (cheap price), satisfaction (of a need or good value), or interest (ideal price).

Know more about the psychological pricing at: https://brainly.com/question/29735175

#SPJ4

Is economic growth positive or negative?

Answers

Economic growth is positive. Economic growth is positive and it mostly depend on the nature of economic growth.

Economic growth can be defined as the increase or improvement in the inflation-adjusted market value of the goods and services produced by an economy in a financial year.

Positive economic growth means an increase in money supply, economic output and productivity. An economy with negative growth rates has declining wage growth and an overall contraction of the money supply. Economists view negative growth as a harbinger of a recession or depression.

To know more about Economic growth here,

https://brainly.com/question/11679822

#SPJ4

a three-unit building has a gross annual income of $54,000 and its total operating expenses are $18,930. what is its expense ratio?

Answers

A three-unit building's total operating costs come to $18,930, while its gross annual income is $54,000. Its cost-to-income ratio is 0.285.

Total fund costs are divided by total fund assets to determine the expense ratio = $18,930/$54,000 =0.285

The percentage of a stock or asset fund's assets used for management, advertising, administrative, and other costs is known as the expense ratio. An annual expenditure ratio of 1% indicates that 1% of the fund's total assets will be used to pay expenses each year. Brokerage commissions and sales loads are excluded from the expenditure ratio. When selecting a fund, expense ratios are crucial to take into account because they have a big impact on results. The fund's size, sales charges, and management style are all variables that affect the expense ratio. A domestic U.S. stock fund typically has an annual fee ratio of around 1%, while certain passively managed funds, like index funds, have much lower rates.

Learn more about  expense ratio from

brainly.com/question/29739175

#SPJ4

Cervantes recently offered 60,000 new shares of stock for sale. The underwriters sold a total of 73,400 shares to the public at a price of $18.20 per share. The additional 13,400 shares were purchased in accordance with which one of the following?

a). Red herring provision
b). Post issue agreement
c). Green shoe provision
d). Qulet provision
e). Lockup agreement

Answers

If the underwriters sold a total of 73,400 shares to the public at a price of $18.20 per share. The additional 13,400 shares were purchased in accordance with : c). Green shoe provision.

What is Green shoe provision?

A green shoe provision can be defined as the way in which an underwriter tend to sell more shares  to investors than the shares that was budgeted.

This scenario best illustrate green shoe provision based on the fact that the  plan shares was 60,000 in which the underwriters sold 73,400 shares given us additional shares of 13,400 shares ( 73,400 shares - 60,000 shares).

Therefore the correct option is C.

Learn more about green shoe provision here:https://brainly.com/question/28963925

#SPJ1

Using the standard 28/36 guidelines, what is the maximum mortgage payment allowed for someone with an annual salary of $73,025? a. $2,190. 75 b. $2,044. 70 c. $1,703. 92 d. $1,217. 08 please select the best answer from the choices provided.

Answers

Using the standard 28/36 guidelines, the maximum mortgage payment is $1,703. 92 (option C)

Lenders utilize many criteria to decide whether or not to approve credit applications. One of the most important factors is a person's credit score. Before considering credit approval, they normally require that a credit score fall inside a particular range. However, a credit score is not the only factor to consider.

Another essential component is the 28/36 ratio, which determines a consumer's financial situation.

As part of their screening program, each lender determines their own parameters for housing debt and total debt. This means that household expenses, such as rent or mortgage payments, cannot exceed 28% of monthly or annual income. Likewise, total debt payments must not exceed 36% of income.

In the given problem, the annual salary is  $73,025. Therefore,

monthly salary = $73,025 / 12 = $6,085.42

Maximum mortgage payment = 28% x $6,085.42 = $1,703. 92 (option C)

Learn more about mortgage here:

https://brainly.com/question/1112917

#SPJ4

your variable annuity has a mortality and expense risk charge at an annual rate of 2.5%. your average account value during the year is $20,000. what are your mortality and at risk charges for the year?

Answers

$500 are your mortality and at risk charges for the year.

Annual administrative fee = Fee rate x Account value

= 0.025 x $20,000

= $500

The value of a variable annuity might change depending on how well an underlying portfolio of subaccounts performs. The insurance business is guarded against unforeseen circumstances, such as the premature death of the policyholder, by the mortality and expense risk charge. The size of the mortality and expenditure risk charge is primarily determined by the applicant's age. The yearly percentage rate is roughly 1.25%.

Variable annuities are different from fixed annuities, which have a predetermined and guaranteed return. A variable annuity's value is determined by the performance of an underlying portfolio of subaccounts that the annuity owner has chosen. On the other hand, fixed annuities offer a return that is assured. Compared to fixed annuities, variable annuities have the potential for higher returns and larger income, but there is also a danger that the account's value would decrease. The principal, or the money you put into the annuity, and the returns that the underlying investments in your annuity produce on that principal over time are the two factors that go into determining the value of a variable annuity.

To know more about Variable annuity visit: https://brainly.com/question/14310110

#SPJ4

g which of the following properly identifies the section of the cash flow statement where each transaction or event would be reported. operating investing financing a. purchase of treasury stock purchase of common stock retirement of bonds b. loss on sale of equipment purchase of equipment payment of dividends c. purchase of equipment purchase of investments issue of common stock d. collection of accounts receivable sale of land sale of investments

Answers

Stockholders' equity is reduced when treasury stock is bought. Long-term obligations and stockholders' equity changes are displayed.

Asset treasury stock?

A counter equity item is Treasury Stock. It is deducted from stockholders' equity rather than being recorded as an asset. There will be a discrepancy between both the share count distributed and or the value of shares because of the presence of share capital.

What makes it a "treasury stock"?

Treasury stock, commonly referred to as financial assets or reacquired stock, denotes previously preferred stock that the issuing business has acquired from stockholders. As a result, this leadsThere are fewer shares in circulation overall on the open market.

to know more about treasury stock visit:

https://brainly.com/question/15852051

#SPJ4

The value of the marginal product of any input is equal to themarginal product of that input multiplied by the:a.additional revenueb.marginal cost of the outputc.change in total profitd.market price of the output

Answers

The value of the marginal product of any input is equal to the marginal product of that input multiplied by the market price of the output.

Producing one more unit of production or selling one more unit of a good can both result in marginal revenue. Marginal Product is the term used to describe the shift in output brought on by more labor or production units. Value Marginal Product (VMP) is the result of multiplying the marginal product or output by the cost of the good.

Using the following formula, one may determine the value of a marginal product: Value of Marginal Product = Marginal Physical Product Average Revenue Price of the Product. The market price of the production is, therefore, the statement that makes the statement complete.

Hence the correct option is D

To know more about Marginal Product here

https://brainly.com/question/29819119

#SPJ4

machinery was purchased on january 1 for $61,000. the machinery has an estimated life of 7 years and an estimated salvage value of $9,000. double-declining-balance depreciation for the second year would be (do not round your intermediate calculations.) a.$13,448.98 b.$11,448.98 c.$11,948.98 d.$12,448.98

Answers

The computation of the depreciation expense for the second year using the double-declining balance depreciation method is shown below:

Depreciation is an accounting technique for spreading out the expense of a tangible item over the course of its useful life. How much of an asset's value has been used is shown through depreciation. It enables businesses to purchase assets over a predetermined length of time and generate income from those assets.

First we have to determine the depreciation rate which is shown below: = One ÷ useful life = 1 ÷ 7 = 14.28% Now the rate is double So, 28.57% In year 1, the original cost is $61,000, so the depreciation is $17,428 after applying the 28.57% depreciation rate And, in year 2, the ($61,000 - $17,428 ) × 28.57% = $12,448

To learn more about depreciation refer here:

https://brainly.com/question/14682335

#SPJ4

which term describes a country that has relatively high ratings for per capita income, gdp, and standard of living?

Answers

The GDP, productivity, level of life, and per capita income of a developed country are all comparatively high. The country's national statistical office often uses the international standard to compute GDP.

The market worth of all the final goods and services produced and sold (not resold) in a certain time period by countries is measured in dollars using the term "gross domestic product" (GDP). This measurement is frequently changed before it can be trusted as an indicator because of how complicated and subjective it is. To compare living standards between countries, using a basis of GDP per capita at purchasing power parity (PPP) may be more useful, whereas nominal GDP is more useful for comparing national economies on the global market. GDP (nominal) per capita does not, however, reflect differences in the cost of living and the inflation rates of the countries. The contribution of each industry or sector to the overall GDP can also be quantified. The per capita GDP of a region is calculated as the GDP divided by the total population (also called the Mean Standard of Living).

Learn more about standardization here

https://brainly.com/question/1383956

#SPJ4

A process that exhibits random variability would be judged to be out of control. (True or False)

Answers

This claim is untrue. If a process displays random variability, it would not be considered out of control.

What sort of variance is the cause of an uncontrolled process?

A particular cause variation is present when the control chart for a process measure shows a pattern of fluctuation that is not random or points that are drawn outside the control borders. A process measure is deemed unstable or out-of-control when a control chart shows unique cause variance.

What does the term "random variation" in quality control mean?

Random variation: Unpredictable variations in a process's output caused by a variety of insignificant elements, including variations in temperature and humidity. Process variability resulting from a variety of erratic (and insignificant in isolation) fluctuations or change factors that, in reality, cannot be anticipated, detected, identified, or even eliminated.

Learn more about random variability: https://brainly.com/question/13832947

#SPJ4

what subject area should be on the checklist of criteria for evaluating middlemen servicing a market? question 18 options: 1) flexibility 2) sensitivity 3) cultural empathy 4) productivity 5) breadth of knowledge

Answers

4) Productivity is a subject area that should be on the checklist of criteria for evaluating middlemen servicing a market.

By comparing the quantity of goods and services produced (output) with the quantity of inputs required to generate those goods and services, productivity is a measure of economic performance.

Productivity is a measure of how effectively commodities or services are produced. Productivity measurements are frequently expressed as a ratio of total output to a single input or total input used in a manufacturing process, or output per unit of input, usually over a predetermined time period.

The most typical illustration is the (aggregate) measure of labor productivity, of which GDP per worker is an example. The selection of a productivity definition (including those that do not refer to ratios of output to input) depends on the goal of the productivity assessment and/or the availability of data.

To know more about product:

https://brainly.com/question/29423646

#SPJ4

if a consumer has an income of $100, the price of x is $2, and the price of y is $4, what is the maximum quantity of x the consumer is able to purchase?if a consumer has an income of $100, the price of x is $2, and the price of y is $4, what is the maximum quantity of x the consumer is able to purchase?

Answers

The maximum quantity of x the consumer is able to purchase is $4

In economics, the word "quantity demanded" refers to the overall amount of an item or service that consumers demand over a specific period of time. Regardless of whether a market is in equilibrium, it is dependent on the cost of an item or service.

The minimum and maximum quantities of a product that a customer may purchase, as well as the number of products that are added with each increment, are specified by a purchase quantity rule. Each simple product and product variation can have a single purchase quantity rule assigned to it. The lowest and maximum quantities in the rule have to be multiples of the increment.

To learn more about quantity refer here:

https://brainly.com/question/29671614

#SPJ4

what is the risk-neutral valuation of a six-month european put option to sell a security for a price of 100 when the current price is 105, the interest rate is 10%, and the volatility of the security is .30?

Answers

We determined the put option's value from the available data to be 4.34. This model is crucial to derivative research since it aids in the pricing of European-style options, which are only executed at expiration.

The likelihood that the option will be taken even before agreement time expires is not taken into account by the model.

The Black Scholes Merton Model is used to calculate the price of the European put option;

In this case, p = put price and X = exercise price.

Risk-free rate, or rc.

Spot price = So

Nd1 and Nd2 normal probability distributions of d1 and d2 with time to expiry equal to T

Q = Given Volatile;

X= $100 \src= 10%

So= $105

six months T

Q= 0.3 Nd1=0.7157 \sNd2=0.6406

The put option is worth 4.34.

To know more about  probability click here

brainly.com/question/11234923

#SPJ4

nan contributes property with an adjusted basis of $147,600 to a partnership. the property has a fair market value of $236,160 on the date of the contribution. what is the partnership's basis in the property contributed by nan? $fill in the blank 1

Answers

The partnership's basis in the property contributed by Nan is $60000.

Property definition describes it as anything over which a business or someone has lawful rights. They may have a few enforceable privileges over the items. Most of the properties incorporate present or destiny financial costs and that is why they may be taken into consideration as assets.

Property is any object that someone or a business has a prison name over. Assets can be tangible items, such as houses, motors, or appliances, or it is able to discuss with intangible objects that bring the promise of future worth, together with stock and bond certificates.

The essential motive of property rights, and their fundamental accomplishment, is that they take away damaging opposition for manipulating monetary resources. nicely-defined and well-included belongings right update competition by way of violence with opposition with the aid of nonviolent method.

Learn more about the property here:-https://brainly.com/question/15401586

#SPJ4

Why do US citizens pay taxes?

Answers

The United States citizens pay taxes for helps to ensure the roads you travel on are safe and well-maintained.

The taxes are the compulsory contribution to state revenue, levied by the government on worker's income and business profits or added to the cost of some goods, services and transactions, higher taxes will dampen consumer spending.

The taxes are used by the government for carrying out various welfare schemes including employment. There are various of employees in various departments and the administrative cost has to be borne by the government.

To know more about taxes here,

https://brainly.com/question/16423331

#SPJ4

question 1 on the date of payment, a stock dividend would be recorded with a debit to what account? common stock stock dividends common stock dividends distributable no entry necessary

Answers

Entry is not required account would be debited in order to register a stock dividend.

A tracking stock is a special form of equity that a parent company offers and issues to track the financial performance of a divisional section. Tracking stocks typically trade independently from the parent company's shares on open markets. An illustration of stock tracking is: Go. A stock is a colloquial phrase for any company's ownership certificates. On the other hand, a share alludes to a certain company's stock certificate. You become a shareholder if you possess shares of a specific corporation. There are two categories of stocks: ordinary and preferred.

Learn more about stock from

brainly.com/question/26128641

#SPJ4

assume that you are the ceo of an online retailer looking to expand your services into developing country markets. much of the success of your business model depends on the ability to ship items quickly and without delays as well as provide unrivaled customer service. what concerns might you have entering a developing-country market given your business model? what would you be the necessary conditions for your business to succeed? start by describing your proposed business model.

Answers

The main parts of the product, the market, organizational strengths and problems, and how it will be sold should all be included in your business model.

What, in your opinion, is necessary to launch and maintain a successful business?

In order to succeed in business today, you must be adaptable and possess strong organizing and planning abilities. Many people start businesses with the expectation that they can turn on their computers or open their doors and start producing money, only to discover that doing so is much harder than they anticipated.

What are the top three things that make a small business successful?

The three most crucial success criteria for expanding businesses will always be money, marketing, and product, even if each is equally important. The majority of businesses are successful because they offer a decent enough product or service.

To know more about business visit:

https://brainly.com/question/15826604

#SPJ4

Which tab on College Navigator will give you an estimate of your total costs with your possible financial aid applied?
Financial Aid
Total Cost
Price Estimator
Net Price

Answers

The answer is Price estimator

adding sustainability to the marketing mix can lead to loss of focus on the objective of economic profitability. adding sustainability to the marketing mix can lead to loss of focus on the objective of economic profitability. true false

Answers

True - Additionally, incorporating sustainability into the marketing mix may result in a shift away from the primary goal: economic viability as well as profitability.

Marketing activity that leads to outcomes that are not part of the core economic strategy may cause a business to lose focus and misallocate essential resources, which could hurt its profitability.

To ensure a better quality of life for present and future generations, sustainable marketing entails developing and promoting products and services that satisfy consumer and business user needs while responsibly utilizing society's natural, human, and cultural resources. The focal point of this section is to assist students with better comprehension what is implied by economical showcasing and how it varies from conventional advertising.

Sustainable marketing is more than just making an effort to make oneself appear more concerned about social issues or the environment and promoting this to customers. It has more meaning and substance. Sustainability as a key benefit is still in its infancy, and it is still unclear how strong it is in comparison to established benefits like better value, lower price, more convenience, and greater effectiveness. Green products that do not sacrifice any other benefits will often be purchased by many consumers. However, when the green benefit comes at the expense of a higher price or more conventional benefits, the majority of consumers will not purchase.

To know more about sustainability visit

brainly.com/question/13353436

#SPJ4

A golf store pays its wholesaler $40 for a certain club, and then sells it to a golfer for $75. What is the markup rate?.

Answers

A golf store buys a certain club for $40 and sell it for $75. The markup rate is 87.5%

The markup rate, usually expressed in percentage, is the difference between what an item costs the vendor and what the buyer pays. The higher the markup, the more profit can be made.

The formula to calculate the markup rate is:

Markup percentage = (sales price - unit cost) / unit cost  x 100%

In the given problem, a golf store pays its wholesaler $40 for a certain club, and then sells it to a golfer for $75.

Hence,

sales price = $75

unit cost = $40

Markup rate = (75 - 40) / 40  x 100%

Markup rate = 35 / 40  x 100% = 87.5%

Learn more about markup rate here:

https://brainly.com/question/1153322

#SPJ4

true or false: based on the fact that both amrit and aideen increased production from the initial cartel quantity, you know that the output effect was larger than the price effect at that quantity.

Answers

The statement is True. based on the fact that both Amrit and Aideen increased production from the initial cartel quantity, you know that the output effect was larger than the price effect at that quantity.

Production is the manner of combining diverse inputs, each cloth (including metallic, wooden, glass, or plastics) and immaterial (including plans, or knowledge) so that it will create output. ideally, this output might be an excellent service that has a cost and contributes to the utility of individuals. The region of economics that specializes in production is called production theory, and it is carefully related to the consumption (or patron) idea of economics.

Monetary nicely-being is created in a manufacturing technique, which means all monetary activities that aim immediately or indirectly to fulfill human wants and needs. The degree to which the needs are glad is regularly typical as a degree of economic nicely-being. In production, there are two capabilities that give an explanation for growing monetary well-being. they are enhancing excellent-charge-ratio of products and offerings and increasing earnings from growing and more green market manufacturing or overall production which assist in growing GDP.

To learn more about Production visit here:

brainly.com/question/22852400

#SPJ4

Other Questions
What is the meaning of the scale 1? Why is zinc reduction potential negative? if total revenue increases when a firm sells more units, then marginal revenue is:_______ What is the formula of raw score? the u.s. supreme court enabled which government practices to continue in its ruling in plessy v. ferguson? Question 2 of 5Find the surface area of a cube with side lengths of 3 meters.Use the formula SA = 6s where s = side length.A. 324 square metersB. 81 square metersOC. 15 square metersD. 54 square meters what is the profit-maximizing combination of labor and capital the firm should use? explain. what is the resulting level of output? what is the economic profit? is this the least costly way of producing the profit-maximizing output? What was the main idea of World War 1? What does the description of Daisys home suggest about Gatsbys love for her? [RL.3] PLS HELP NEED ANSWER SOON What is the value of g, the gravitational field strength, at the surface of the planet Venus?Round your answer to two decimal places What are the main plot points of Hamlet? axle corporation had 800,000 shares of common stock issued and outstanding at january 1. no commons shares were issued during the years, but on january 1, axle issued 100,000 shares of convertible preferred stock. the preferred shares are convertible into 200,000 shares of common stock. during the year, axle paid $60,000 cash dividends on the preferred stock. net income was $1,500,000. what is axle's diluted earnings per share for the year. which of the following electronic transitions in the hydrogen atom would result is the release of a photon with the longest wavelength? suppose that a small town wants to install street lamps, which are nonrival in consumption and nonexcludable. each of the 25 people in the town value street lamps according to the given schedule. street lamps each cost $250 to install. use this information to answer the questions. what is the socially optimal number of street lamps? street lamps suppose that 20 of the 25 townspeople decide that they will not help pay for street lamps, and will instead enjoy (for free) the street lamps built by the other five people. what is the maximum number of street lamps that will be built by the remaining five people? street lamps suppose the town government decides to build street lamps and pay for the street lamps through taxation. how much should each person be taxed to pay for the optimal number of street lamps if everyone is taxed equally? in a turing machine the blank symbol b belongs to the tape alphabet group of answer choices true false a(n) sexual harassment occurs when a requires that his secretary trade sexual favors for a job promotion. HELP ASAP !! 100 POINTS!!Explain the rise and fall of either Greece or Rome. Your essay should focus on origins, periods of expansion, and periods of decline.Respond to the prompt in a 500700 word essay. Cite all outside sources using proper MLA formatting.please no spamming alcoa sent line workers and managers to foreign locations to seek out new techniques and processes, and they brought them back to the home country to improve operations. this shows the benefits of: how did the philosophy of humanism in the renaissance represent a break from the predominant thought of medieval europe? Why is NYC named twice?