0
Add your answer:
Earn +20 pts
What is an explanation of the division in Economics?
the economics tools is the corruption.because corrution si the biggest part of economics to be continued
What are the key elements of economics?
The four key elements of economics are description, analysis, explanation, and prediction. Mr. Talton Economics Teacher
What the difference between positive economics and normative economics?
Positive Economics is the branch of economics that concerns the description and explanation of economic phenomena. Normative economics is the study of economics that attempts to determine the desirability of different economic conditions.
What are the four key elements of the study of economics?
Description Analysis Explanation Prediction
What use is the concept of perfect competition in business economics?
circular flow
What is an explanation of the division in Economics?
the economics tools is the corruption.because corrution si the biggest part of economics to be continued
What are the key elements of economics?
The four key elements of economics are description, analysis, explanation, and prediction. Mr. Talton Economics Teacher
Give you the concept of managerial economics?
ABAY
What the difference between positive economics and normative economics?
Positive Economics is the branch of economics that concerns the description and explanation of economic phenomena. Normative economics is the study of economics that attempts to determine the desirability of different economic conditions.
What is the difference between positive and normative economics?
Positive economics is the branch of economics that concerns the description and explanation of economic phenomena. Normative economics is the study of economics that attempts to determine the desirability of different economic conditions.
What is environmental economics?
Define concept of Sustainable Development?
The economics concept of market is?
the coming together of a buyer and seller
What are the four key elements of the study of economics?
Description Analysis Explanation Prediction
Explain with proper example of marginalism?
Marginalism is the economic concept that focuses on the incremental change in benefits derived from consuming one additional unit of a good or service. For example, if a consumer is deciding whether to buy a second cup of coffee, they will consider the additional satisfaction (utility) they will receive from that second cup relative to the price they have to pay. If the marginal benefit exceeds the marginal cost, the consumer is likely to buy the second cup.
What concept means to have unlimited wants with limited resources?
scarcity economics
What use is the concept of perfect competition in business economics?
circular flow
How do you explain Define?
to provide an explanation of the meaning of a word or concept
