What is measured by how many goods and services a worker produces in an hour? O gross domestic product O standard of living corporate profits O productivity

Q: (Trade Restrictions) Suppose that the world price for steel is below the U.S. domestic price, but…

A: When a country wants to restrict its imports of foreign goods it can use two devices: Tariffs…

Q: I typed it in, it's wrong

A: Elasticity of demand is a concept used in economics to measure the responsiveness of the quantity…

Q: the quantity of a good or service which consumers want and have the ability to purchase

A: Quantity- It is the number or amount of goods or services.

Q: Please write more clearly.

A: Production function shows the relationship between the inputs used and output produced. The marginal…

Q: Use image

A: The spending function represents the relationship between household spending and total income. When…

Q: could you type ur answer i can't read ur handwr

A: The break even point is where the annual savings from the Solar Panel affect the initial investment.…

Q: How is the Purchasing power important?

A: Answer - Purchasing Power - Purchasing power is overall buying capacity of country which is…

Q: c) What is the cost of the consumer's original 2018 bundle at the new 2019 prices? How much…

A: Now, the price of food F1= $100  the price of housing increased H1 = $200. the cost of the…

Q: What important informations are required in evaluations?

A: Evaluation can be understood as a systematic and objective assessment of an ongoing or completed…

Q: The option or alternatives from which decision are made

A: Alternatives ought to reflect generously various ways to deal with the issue or various needs across…

Q: please do d and e now please

A: Pareto optimal allocation refers to that point deviating from which no player can be made better off…

Q: Could you please answer questions d and e.

A: Robert Solow created the Solow model, commonly referred to as the neoclassical growth model, in the…

Q: Where did the 1/2 come from or what is it.

A: Producer surplus is the area below price and above supply curve.  Producer surplus is the area of…

Q: what is the most important concept in satisfying needs and wants

A: A need is anything which is a basic necessity and is required to live. On the other hand, wants are…

Q: High quality information gruarantees that every decisions made will be a successful one that…

A: High-quality information refers to information that is: Accurate Complete Unique Consistent These…

Q: A sentence that contains a metaphor

A: Metaphor is a figure of speech that directly refers to some thing by way of mentioning another.