Economics Answers

what wil happen to the ppf if all of the country resources are cut into half

I could not answer the question please help me.

There was a long que in front of Strand bookstore in New York City for 8 p.m. books giveaways. By noon, hundreds of Paula Hawkins fans had lined up for a chance to attend the book discussion and to get a free signed copy of her most popular books published in 2017 into the water" When Paula Hawkins gave away books, what was free and what was scarce? Explain your answer.

there was a long que in front of Strand bookstore in New York City for 8 pm books giveaways. By noon, hundreds of Paula Hawkins fans had lined up for a chance to attend the book discussion and to get a free signed copy of her most popular book published in 2017 "into the water". When Paula Hawkins gave away books, what was free and what was scarce? explain your answer

How do firms know what to produce, how much will be produced, how to produce it and for and for whom to produce it

The roles of human capital, physical capital and technological change in economic growth?

How open market sales and purchases may be used to close recessionary and inflationary gaps?

Explain the exception shapes of IC?

With the increase in price of tomato from Rs. 40 per kg to Rs. 80 per kg in
super market, the demand for tomato has gone down from 40 kg to 20 kg.
Calculate the demand elasticity?

Perfect competition occurs in a market where there are many firms, each selling?

Tradable allowances are like quotas in that they both:
A.
limit the quantity bought and sold to the efficient level.
B.
maximize surplus.
C.
are efficient.
D.
All of these statements are true.