All categories

3 years ago

Classify the following topics as relating to microeconomics or microeconomics.

Business

1 answer:

NISA [10]3 years ago

5 0

Answer:

Related to Micro Economics : A, B, C, E.

Related to Macro Economics : D.

Explanation:

Micro Economics is the study of a single individual consumer, producer, industry. Eg - Price of a good

Macro Economics is the study of all consumers, producers, industries of the economy at a whole. Eg - General Price level.

Both Micro Economics and Macro Economics deal with aggregates. But:- Micro Economic aggregates have lower level of aggregation & are contextually less related to wide total, than Macro Economics.

Micro Economics : 'A student's decision about how to allocate his time between studying two subjects' ; 'A firm's decision on which production method to use' :- are related to single economic units.

'The effect of rent control on the housing market' ; 'The effect of externality on the quantity produced by the market' :- are related to only those particular industry markets & not to economy as a whole.

Macro Economics : 'The effect of an increase in income tax on national income' :- is an impact of country's government policy at its whole national income.

You might be interested in

Dermot just learned that his company is closing, and all the employees will be laid off. He is distraught and anxious about how

77julia77 [94]

Answer:

Explanation:

because you want the employer to know that you learned from your last job

8 0

3 years ago

Able Pads, Inc., sells plain white printer paper in a perfectly competitive market. What does its individual demand curve look l

nirvana33 [79]

Answer:

The demand curve will look like a straight line .

Explanation:

Perfect competition is that in which there are large number of buyers and large number of sellers of a commodity and no individual sellers or buyer can control the prices. If the seller try to influence the price then they will loss their buyers as there are many other seller also exist in the market.

Under perfect competition , the firm produce homogeneous product. Both buyers and sellers have full knowledge of the market.

The curve under perfect competition is indicated by horizontal . It shows that a firm can sell any quantity of a product at the prevailing price . And no quantity if they influence the price.

The figure under shows the curve:

3 0

3 years ago

In 2009, __________ of all pedestrian fatalities were caused by impaired drivers.

Goshia [24]

Over 90 percent of the pedestrian fatalities occurred in single- vehicle crashes. In 2009, pedestrian deaths accounted for 12 percent of all traffic fatalities in motor vehicle traffic crashes. Since 2000, the number of pedestrian fatalities has decreased by 14 percent.

8 0

3 years ago

Read 2 more answers

Assume that the risk-free rate of interest is 5% and the expected rate of return on the market is 17%. A stock has an expected r

crimeas [40]

Answer: ER(P) = Rf + β(Rm-Rf)

6 = 5 + β(17-5)

6 = 5 + β(12 )

6 - 5 = 12β

1 = 12β

β = 1/12

β = 0.083

Explanation: In determining the Beta of the stock, we need to apply capital asset pricing formula and then make Beta the subject of the formula. Other variables will be substituted with the exception of Beta, which becomes the subject of the formula.

6 0

3 years ago

What are the compromises when crating the constitution

Anettt [7]

Answer:

The three major compromises were the Great Compromise, the Three-Fifths Compromise, and the Electoral College. The Great Compromise settled matters of representation in the federal government.

it should be right if not sorry

6 0

3 years ago