If legislation set the minimum wage at W2, then employment

Q: Why study economics to be an informed citizen

A: A social science that examines how individuals, firms, governments, and societies make choices…

Q: what can the government do to provide awareness and knowledge about people who are not literate in…

A: Answer - Need to find- what can the government do to provide awareness and knowledge about people…

Q: How business schools can improve the quality of education to produce and nourish good business…

A: Business schools are the major sources of making leaders for the future for the corporate world,…

Q: Discuss economics as a social science

A: Economics is the study of behavior of consumers, producers, households and business.

Q: Why is productivity important for the economy?

A: Productivity refers to the ratio of quantity of output to quantity of inputs. It describes how…

Q: What does the Third World country mean to the subjects of Economics?

A: In economics developing countries are known as third world country.

Q: what is micro economy?

A: Economics is the study of how the scarce resources of society are exploited. Economics is a social…

Q: How can economic changes affect society?

A: Economic changes can affect the society in various ways: 1. The cost of living has the significant…

Q: Relationship between economic geography and economics

A: The economics is mainly divided in the two parts which are microeconomics and macroeconomics. The…

Q: four

A: The characteristics of economic systems are : Command Economy : the government is in turn control…

Q: Is economic is one of the most important thing in the world

A: Economics: Economics is the sociology that reviews how individuals communicate with esteem;…

Q: What is economic system

A: An economic system is a method by which  governments or societies sort out and disperse accessible…

Q: Once people could only trade what they could produce with their hands or find in nature for things…

A: The three fundamental problems of any individual or economy is wants are unlimited, resources to…

Q: Identify some problems of the country (Philippines). Do the identified problems have something to do…

A: Introduction The economic system in Country P is a hybrid one that combines various forms of…

Q: A good economic theory

A: Economic theory is a set of broad ideas or assertions that attempt to explain economic reality. It…

Q: Reading Comprehension Producers and consumers Once people could only trade what they could produce…

A: The measures that are required to reduce the negative impact of free trade include setting minimum…

Q: Which economic system works best for societies?

A: An economic system is a system that determines the production and distribution of goods and…

Q: Once people could only trade what they could produce with their hands or find in nature for things…

A: Consumers make consumption decisions and buy goods and services. Producers decide how much to…

Q: Background information on Economics?

A: The compelling birth of economics as a different discipline might be followed to the year 1776, when…

Q: mic

A: The science which studies how people tend to interact with each other along with the prospects of…

Q: Reading Comprehension Producers and consumers Once people could only trade what they could produce…

A: Giving subsidies to smaller, local suppliers is one of the regulations that may help to reduce the…