<< Chapter < Page Chapter >> Page >
  • Card 4 / 14:
    What is the difference between a positive and a normative statement?

    The course author didn't provide an answer for this question

  • Keyboard Shortcuts

    Previous Card ← Previous Card Button
    Next Card → Next Card Button
    Flip Card // Return / Space

Questions & Answers

what is another name for inflation
Osola Reply
what is the different between market economic and money
Gisele Reply
what kind of job
Gisele
what is economic
Gisele
economics is a science which studies human behaviour as a means between ends and scarce means which has alternative uses.
Adwoa
no idea
Akpoh
money market deals with monitry policy while market economy goods
Osola
economics is the study of human behaviour as a means between ends and scarce means which have alternative uses
Owusu
economics is a science that study how human satisfied their numerous want
Osola
economics is the study of human behaviour as a mean between and scarce which have alternative uses
Charity
Pls what is the different between demand and supply
Charity
What is effective supply
Bright
what is aggregate demand
mansa Reply
the meaning of nitty-gritty
Kodua Reply
the meaning of nitty-gritty
omotayo
What are the theories of economic development
Bijesh Reply
what are the four basic assumption of perfect competition. explain in words what they imply for a perfectly competitive firm.
Douglas Reply
The four basic assumptions of a perfectly competitive market are as follows: ⋅⋅ The product is identical i.e. each and every firm in this industry is selling an exactly same product without any product differentiation. ⋅⋅ There are many sellers and buyers which means no individual buyer or seller ha
Frank
what are the four basic assumptions of a perfectly competitive market
Kodua
is economics important in programming world?
Abdul Reply
yes
Kodua
of course
Osei
I'm sure it really help the world.
Kale
very very important
Osola
it is important
omotayo
Very important
Kudzanayi
yes
Amoako
ye
mansa
sure it is
Owusu
What is oppunity cost
Kudzanayi Reply
it refers wants that are left unsatisfied in Oder satisfy another more pressing need
Osei
Thank bro
Kudzanayi
is the second altenative to foregone
swedy
How does monopoly and imperfect competion;public goods externalities ass symmetric information, ommon property ressourses; income distribution Merit goods and Macroeconomic growth and stability causes market failure?
Gcina
it is where by a labour moves from one place to another
Amoako Reply
yh
Osei
another
Amoako
yh
Osei
ok
Amoako
what is mobility of labour
George Reply
who best defined economics
paul Reply
what are the importance of economics
Adwoa Reply
answer
Asamoah
trade should be best
Aakash
help to know how our government operates in which system
swedy
1. To solve economic problems. 2. To predict economic event. 3. It also offer intellectual training to students.
samuel
How price elasticity can affect the markets of certain goods
Rhoda Reply
Heyy thanks for the teaching
Easter Reply
what is labour
Arthur Reply
Mental and physical ability of human being is considered as labour.
JEYARAM
and usually provided by human
KEMAWOR
is all human effort both physical and mental abilities to work
Asamoah

Get the best Principles of economics course in your pocket!





Source:  OpenStax, Principles of economics. OpenStax CNX. Sep 19, 2014 Download for free at http://legacy.cnx.org/content/col11613/1.11
Flash Cards plugin by Curtis Blackwell github.com/curtisblackwell/flash_cards
Google Play and the Google Play logo are trademarks of Google Inc.

Notification Switch

Would you like to follow the 'Principles of economics' conversation and receive update notifications?

Ask