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Why economists say competitive markets are efficient?
Economists say that competitive markets are efficient because when there is competition prices are lower. The more available an item, the less it will cost the consumer.
Why do all economists say all resources are scarce?
why are ecomics scarce?
When a nation imports more than it exports economists say it has what?
Its known as a trade surplus
When a nation exports more than it imports economists say it has?
Its known as a trade surplus
Why some economist say economics is useless?
economics is useless because it is based on assumptions made by economists............
When economists say that people act rationally in their self interest they mean that individuals what?
When economists say that people act rationally in their self interest they mean that
Why economists say competitive markets are efficient?
Economists say that competitive markets are efficient because when there is competition prices are lower. The more available an item, the less it will cost the consumer.
Why do all economists say all resources are scarce?
why are ecomics scarce?
How do you say choices in Portuguese?
"choices" means "escolhas" in portuguese.
When a nation imports more than it exports economists say it has a?
Its known as a trade surplus
When a nation exports more than it imports economists say it has .?
Its known as a trade surplus
When a nation imports more than it exports economists say it has what?
Its known as a trade surplus
When a nation exports more than it imports economists say it has?
Its known as a trade surplus
What are you comparing when you say heavier or lighter?
weights
Is it correct to say 'the lesser of this and that'?
Yes, it certainly is correct. eg 4 is the lesser of 4 and 6 ---- It does depend on what you mean. "Lesser" involves only two choices; if you have more than two, it's "least."
Why some economist say economics is useless?
economics is useless because it is based on assumptions made by economists............
When economist say that people act rationally in their self interest they mean that individuals?
When economists say that people act rationally in their self interest they mean that
