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NISA [10]
3 years ago
10

Which example defines an economic activity?

Business
1 answer:
babunello [35]3 years ago
8 0
<h2>Goods & services is an example of "economic activity".</h2>

Explanation:

Economic activity is basically an action pertaining to production, distribution and consumption of goods.

Any activity which involves money for which we get products are called "economic activity".

Exchange of Product / services which involves money can be considered as economic activities.

Out of box information:

In the ancient days, people get product for another product and this was going on when the currency was not invented.

The word economy was coined by "Aristotle".

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Answer:<u><em>If the monopolist's marginal revenue is greater than its marginal cost, the monopolist can increase profit by selling more units at a lower price per unit. </em></u>

Explanation:

If the monopolist's marginal revenue is greater than its marginal cost, the monopolist can increase profit by selling more units at a lower price per unit. In the case of higher MR , the maximum profit will come about at the level of where MR is equal to the MC. So in this case to increase the profit, MR i,e, also the price can be lower to the level of MC to sell more commodity and earn higher profits.

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3(x - 7) = 2y + 5x + 8 find y intercept​
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Answer:

y  = -x - 29/2 Your Welcome

Explanation:

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