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    money-back guarantee

    a promise that the buyer’s money will be refunded under certain conditions

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Questions & Answers

what are subsidies
Yaya Reply
how do trade unions deal with subsidies
Yaya
bro can you explain decision making
WhatsApp
Decision making is a process to use your limited resources for best productive purpose.
Dipam
explain why an increase in national income may not always lead to improvement in economic wellbeing of all the citizens?
Mendo
what is the marginal revenue if p=10-2q
Karen Reply
what's the difference between demand goods and supply gooda
Spiff Reply
why is 2% the optimal inflation rate in many countries
Spiff
why is 2% the optimal inflation rate in many countries
Spiff
what's inflation
Thando Reply
a general rise in the prices of services and goods in a particular country
Spiff
why is 2% the optimal inflation rate in many countries?
amina
resulting in a fall in the value of money,,
Spiff
for example
Spiff
Inflation is the continuous rise of price of goods and services in a nation
Oluchi
what will the effective demand if inflation is constant and real wage is less then money wage ?
Vipul Reply
to start
Dennis
to start with your question i think we have to break it down into key words, and they effective demand ,inflation and real wages ... Ok when we say demand is effective we mean the demand is backed up by capital .. it is backed up by the ability to pay for the good/commodity demanded for
Dennis
in other hand inflation is the persistent rise of goods and services in and particular country's economy
Dennis
so what is real wages it means the amount paid to labour for a particular work done
Dennis
money wage is the money/capital paid to a worker
Dennis
knowing this terms you can be able to answer your question....
Dennis
What is monopoly
Oluchi Reply
I believe that a market is monopolistic if there is no competition. in other words, a given company is the only one offering the product/service.
amina
am a fan of monopoly
Okeke
it is correct
Spiff
and in other word,,, is a thing that belongs to one person or group that another people will not able to share
Spiff
a single seller and large number of consumer
Vipul
A monopoly is a firm that is the sole producer of a good or service for which there are no close substitutes. It exist because of barriers to entry. The barriers can be legal or natural.
Dennis
Ok
Oluchi
give tree difference between economic good and free good
Gideon Reply
what is want
Wasila Reply
anything just come from your heart
domingo
no matter how much you give
domingo
is what you desire to have
Tsai
their the human desire it's need(s).
Gideon
YES
Erik
like medicine food etc
domingo
price floor support producer or consumer?
Mastercorner Reply
support for consumer
domingo
what is antagonist
Edward Reply
Hi
Odidi
hw ar u
Mohamed
fine and you
Timah
Hi
moha
hw ar u
Mohamed
i'm not good due to corona virus
domingo
hi
Un
i would like to ask you for a little help to get rid of the corona virusand we have nothing to offer. thank you very much.
domingo
kk
Mohamed
how to get the donation?
domingo
to feel sympathical ideas we 'll get donation and to tell a great religious reward
Inno
what are the factors influencing the level of advance made by commercial banks?
Kobwa Reply
What is Demand and supply
Felix Reply
supply is the ability to sell goods and services at the specific period of time and at the specific price
Kobwa
demand is the ability and willingness to buy goods and services at the specific period of time and at the specific price
Kobwa
what is demand
Sanni Reply
Sanni Saoban, Demand is a kind of need which is backed up by ability and willingness to pay.
Dipam
Demand is the various quantities of goods and services that a consumer is willing and able to buy at various prices within a given period of time
Sharon
Demand means desire for a commodity willingness and ability to purchased that commodity
Bhagabata
desired of good and services, when you try to sell something , you make the buyer need that something in a way that person buys the good or service from you. SUPPLY AND DEMAND
Erik
Am I right or wrong
Bhagabata
ryt
Oppong
demand means the desire for product and being able to purchase goods
Rameez
He or she must have willingness
Bhagabata
buy and sell orders on the foreign exchange.
ay
it is the various quantities of goods and services a consumer is willing and able to buy at a price at a period of time
Gideon
why should a firm close down when it's unable to pay it's variable cost?
ANDREW Reply
what is oligopolistic competitive market?
ngong
oligopolistic market is the market structure characterized by few sellers with large firm and mostly they produce goods that are differentiate & homogeneous goods
Kobwa
less demand due to assumptions
Inno
exchange of goods and services between countries is call
Hosea Reply
foreign trade
Peace
Butter trade
Ntim
Foreign policy
Bhagabata
international trader should be country
Dennis
international trede
Bakatui
it's called bilateral international trade while that it involves more than two countries is called maltilateral international trade
Kobwa

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Source:  OpenStax, Principles of economics. OpenStax CNX. Sep 19, 2014 Download for free at http://legacy.cnx.org/content/col11613/1.11
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