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18.1 Economic systems  (Page 12/33)

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References

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Davis, Kingsley, and Wilbert Moore. 1945. “Some Principles of Stratification.” American Sociological Review 10:242–249.

Diamond, J., and P. Bellwood. 2003. “Farmers and Their Languages: The First Expansions.” Science April 25, pp. 597-603.

Domhoff, G. William. 2011. “Wealth Income and Power.” Who Rules America. Retrieved January 25, 2012 ( (External Link) ).

European Union. 2014."On the Road to EU Membership." Retrieved December 15, 2014. ( (External Link) ).

European Union. 2014. "EU Member Countries". Retrieved December 15, 2014. ( (External Link) ).

Fidrmuc, Jan. 2002. “Economic Reform, Democracy and Growth During Post-Communist Transition.” European Journal of Political Economy 19(30):583–604. Retrieved February 6, 2012 ( (External Link) ).

Goldsborough, Reid. 2010. "World's First Coin." Retrieved February 6, 2012 ( (External Link) ).

Gregory, Paul R., and Robert C. Stuart. 2003. Comparing Economic Systems in the Twenty-First Century . Boston, MA: South-Western College Publishing.

Greisman, Harvey C., and George Ritzer. 1981 “Max Weber ,Critical Theory, and the Administered World.” Qualitative Sociology 4(1):34–55. Retrieved February 6, 2012 ( (External Link) ).

Horne, Charles F. 1915. The Code of Hammurabi : Introduction .Yale University. Retrieved ( (External Link) ).

Kenessey, Zoltan. 1987. “The Primary, Secondary, Tertiary and Quaternary Sectors of the Economy.” The Review of Income and Wealth 33(4):359–386.

Kerr, Clark, John T. Dunlap, Frederick H. Harbison, and Charles A. Myers. 1960. Industrialism and Industrial Man . Cambridge, MA: Harvard University Press.

Kohn, Melvin, Atsushi Naoi, Carrie Schoenbach, Carmi Schooler, and Kazimierz Slomczynski. 1990. “Position in the Class Structure and Psychological Functioning in the United States, Japan, and Poland.” American Journal of Sociology 95:964–1008.

Maddison, Angus. 2003. The World Economy: Historical Statistics . Paris: Development Centre, OECD. Retrieved February 6, 2012 ( (External Link) ).

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Questions & Answers

differentiate between demand and supply giving examples
Lambiv Reply
differentiated between demand and supply using examples
Lambiv
what is labour ?
Lambiv
how will I do?
Venny Reply
how is the graph works?I don't fully understand
Rezat Reply
information
Eliyee
devaluation
Eliyee
t
WARKISA
hi guys good evening to all
Lambiv
multiple choice question
Aster Reply
appreciation
Eliyee
explain perfect market
Lindiwe Reply
In economics, a perfect market refers to a theoretical construct where all participants have perfect information, goods are homogenous, there are no barriers to entry or exit, and prices are determined solely by supply and demand. It's an idealized model used for analysis,
Ezea
What is ceteris paribus?
Shukri Reply
other things being equal
AI-Robot
When MP₁ becomes negative, TP start to decline. Extuples Suppose that the short-run production function of certain cut-flower firm is given by: Q=4KL-0.6K2 - 0.112 • Where is quantity of cut flower produced, I is labour input and K is fixed capital input (K-5). Determine the average product of lab
Kelo
Extuples Suppose that the short-run production function of certain cut-flower firm is given by: Q=4KL-0.6K2 - 0.112 • Where is quantity of cut flower produced, I is labour input and K is fixed capital input (K-5). Determine the average product of labour (APL) and marginal product of labour (MPL)
Kelo
yes,thank you
Shukri
Can I ask you other question?
Shukri
what is monopoly mean?
Habtamu Reply
What is different between quantity demand and demand?
Shukri Reply
Quantity demanded refers to the specific amount of a good or service that consumers are willing and able to purchase at a give price and within a specific time period. Demand, on the other hand, is a broader concept that encompasses the entire relationship between price and quantity demanded
Ezea
ok
Shukri
how do you save a country economic situation when it's falling apart
Lilia Reply
what is the difference between economic growth and development
Fiker Reply
Economic growth as an increase in the production and consumption of goods and services within an economy.but Economic development as a broader concept that encompasses not only economic growth but also social & human well being.
Shukri
production function means
Jabir
What do you think is more important to focus on when considering inequality ?
Abdisa Reply
any question about economics?
Awais Reply
sir...I just want to ask one question... Define the term contract curve? if you are free please help me to find this answer 🙏
Asui
it is a curve that we get after connecting the pareto optimal combinations of two consumers after their mutually beneficial trade offs
Awais
thank you so much 👍 sir
Asui
In economics, the contract curve refers to the set of points in an Edgeworth box diagram where both parties involved in a trade cannot be made better off without making one of them worse off. It represents the Pareto efficient allocations of goods between two individuals or entities, where neither p
Cornelius
In economics, the contract curve refers to the set of points in an Edgeworth box diagram where both parties involved in a trade cannot be made better off without making one of them worse off. It represents the Pareto efficient allocations of goods between two individuals or entities,
Cornelius
Suppose a consumer consuming two commodities X and Y has The following utility function u=X0.4 Y0.6. If the price of the X and Y are 2 and 3 respectively and income Constraint is birr 50. A,Calculate quantities of x and y which maximize utility. B,Calculate value of Lagrange multiplier. C,Calculate quantities of X and Y consumed with a given price. D,alculate optimum level of output .
Feyisa Reply
Answer
Feyisa
c
Jabir
the market for lemon has 10 potential consumers, each having an individual demand curve p=101-10Qi, where p is price in dollar's per cup and Qi is the number of cups demanded per week by the i th consumer.Find the market demand curve using algebra. Draw an individual demand curve and the market dema
Gsbwnw Reply
suppose the production function is given by ( L, K)=L¼K¾.assuming capital is fixed find APL and MPL. consider the following short run production function:Q=6L²-0.4L³ a) find the value of L that maximizes output b)find the value of L that maximizes marginal product
Abdureman
types of unemployment
Yomi Reply
What is the difference between perfect competition and monopolistic competition?
Mohammed
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Source:  OpenStax, Introduction to sociology 2e. OpenStax CNX. Jan 20, 2016 Download for free at http://legacy.cnx.org/content/col11762/1.6
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