Answer:
The answer is increasing the saving rate
Explanation:
Increasing the saving rate.
Answer: The answer is a market structure in which a very few large sellers dominate the market.
Explanation:
Oligopoly : This is a market structure in which there are few producers of product with close substitute.There are two forms of oligopoly which includes, oligopoly who produce homogenous goods and differentiated goods respectively. Since,the number of competitors in oligopoly is small the reactions of each producers are more important. They tend to look at the actions of other producers before taken a vital decision.
Oligopoly is a types of imperfect market structure which has the following features
When products are homogeneous there is no special preference, but when the products is branded the consumers have a choice.
A single price reigns where goods are the same .The reverse is the case where goods are heterogeneous goods.
Price cut are for the same product,while price cut can also occur through advertising war fought by competitors in the market.7
Answer:
The number of degrees of freedom and the right-hand tail area α.
Explanation:
Chi Square Distribution
α is Significance level
If the p-value of hypothesis test < α , then we reject null hypothesis of the test.
So, α is basically a critical p-value which makes a rejection region in the right tail
Now, the statistic χ 2 also depends on the degrees of freedom
So, The value of χ2α in a particular situation depends on
the number of degrees of freedom and the right-hand tail area α.
Answer:
In simple words, positive externalilty refers to the phenomenon under which an etity or an individual takes advanatage of any sctions made bo some other entity. Education helps to make individual build a strong character which further results in overall development of the society.
Free university education in Texas would be good for society in terms of quality education becoming cost effective to everyone and thus everyone would be able to sign up for college degree. This would end up making university education accessible to all and improve their standard of living.
However, on the other hand, free university education might make them take things for granted, and the seriousness of education would be significantly reduced. At the very same period, it will be very costly for the state to employ a professional faculty to provide education.
Answer:
introduction
Explanation:
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