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    estate tax

    a tax imposed on the value of an inheritance

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Questions & Answers

what is Economics?
Pintu Reply
Is the study of human behaviour as a relationship between ends and scares mean which have alternative use
Alhaji
yes
Tawa
what is monopoly
Alhaji
what is labour
Mamudou Reply
LABOUR is a measure of work done by human being
Blessing
It is all form of human effort use to utilize in production
Alhaji
Why is scarcity a foundermental problem in economics
Alhaji
Why is scarcity a foundermental problem in economics
Alhaji Reply
scarcity occur unbalance demand and supply at this time cost goods increase then inflation very increase
Tesfaye
scarcity is a foundermental problem because its a natural situation and it affects the world at Large.in other words,it's limit in supply relating to deman
Akwosih
'Economics is about making choices in the presence of scarcity"
manoj Reply
. 'Economics is about making choices in the presence of scarcity" - Dscuss.
manoj
describe the producer's scarce resources.. I.e land,Labour,capital and enterprise
Alfhah Reply
short in supply
Charles
What are human behaviour?
Regina Reply
the rationality in decision making
Charles
how can you describe economic goods in a much better easier way?
Alfhah Reply
any thing that have utility
Charles
what is deman and supply
Aruna Reply
Demand can be defined as the ability and willingness to buy commodities in a given price of goods and services in a particular period of time
Alasana
supply refers to the ability and willingness to offered commodities for sale in a given price of goods and services in a period of time .
Alasana
Demand can refer to the ability and willingness to purchase a commodity at a giving price and time.
habib
what must the producer do if total costs exceed total revenue
Mmusi Reply
raise price
Nguyen
reduce cost
Charles
scarcity resources sample
nawala Reply
land
Charles
what's scarcity
tumelo Reply
resources short in supply
Charles
hello
Shadesch
scarcity is excess against human wants.
Kennedy
scarcity is limit in supply relating to demand
Akwosih
students
Hamdu
shortge of resources .imbalance of wants to resources .
Hamdu
hlo
Yahya
limitation of supply in relation to their demand for commodity
Prince
what are the two types of economic theory's?
Lizabeth Reply
i thick it is microeconomic theory and macroeconomic theory. or it can be normative and positive economic theories.
Deep
yes^
Nguyen
with diagrams show thé change in prices in thé different time period that can result in an increase in demande
Fankam Reply
define momentary period
Fankam
What is a monopsony?
Allan Reply
monopsony is a situation where only one buyer is available in the market
The
And with many sellers?
Allan
oligopsony
The
to be more specific, oligopsony is a situation with many sellers but few buyers
The
Thank you
Allan
economic is tha process of banking
hashmat Reply
Pls can u explain it into details
Praise
Cause I don't understand what you are saying
Praise
it is the situation where by im a market there is only one supplier and producer of a certain comodity that has no close substitute or competitor
Sepiso Reply
yes
Alhaji
what is demand and supply
Alhaji

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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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