There are various market structures, under which each firm in an economy follows into, these market structures range from perfect competition to monopoly.
.In Rwanda local farmers manage small plots of land for subsistence farming. However, some have benefited by selling pineapples at an agreed fixed price to an exporter. The exporter provides finances, training, fertilizers and machinery and even building materials for the farmer’s homes. Explain the benefits which may be gained by the local community in Rwanda from the project.
1.Tell us what your original answer to the question above was AND why;
2.Tell us what your current answer is AND why;
3.Answer the question: "So where do I fit in in this?" (Think back to the section on virtue ethics); and finally
4.Write a comment on what you think about my preferred answer AND of course explain why you think this.
Consider all the factors of production: labor, natural resources, capital, entrepreneurs, technology, and knowledge. Is each resource a vital part of the school you attend or the company for which you work? Which factors do you believe are most important to the goods and services provided by the organization?
Consider all the factors of production: labor, natural resources, capital, entrepreneurs, technology, and knowledge. Is each resource a vital part of the school you attend or the company for which you work? Which factors do you believe are most important to the goods and services provided by the organization?
the opportunity cost of producing a cellphone
What is the equilibrium quantity?
Fixing the value from one currency to another
Growth in potential output is determined by growth in the labor force and growth in labor productivity. Suppose the labor force grows by 1.4 percent a year and labor productivity, based on increased capital and improved technology, grows by 1.1 percent a year. (a) What is the annual growth in potential output? (b) Illustrate the growth in potential output in an AD/AS diagram. (c) Aggregate demand is not changed by the change in potential output. Indicate any output gap caused by the change in potential output.
suppose that a borrower and a lender agree on nominal interest rate to be paid on a loan then inflation turns out to be higher than they both expected