1 Economists argue that economic profits and losses: are what?
1 Economists argue that economic profits and losses:
are what?
Homework Answers
Profits are incentive for the firm to join the market and losses are signal for them to leave the market and look for other indutries.
so as per the economists the profit and losses are signals for the firm to enter or exit the market.
7. Economists use the three-step method to determine whether a firm is generating economic profits, economic...
7. Economists use the three-step method to determine whether a firm is generating economic profits, economic losses, or zero economic profits at the ______. a.profit-minimizing level of input b.profit-maximizing level of input c.profit-minimizing level of output d.profit-maximizing level of output 8. Economists sometimes call zero economic profit a ______ rate of return. a.normal b.natural c.neutral d.negative 9.It is not likely that firms will either enter or leave the market ______. a.at positive economic profits b.at zero economic profits c.at economic...
Topic: Some economists argue that the government intervention makes the economic outcome even worse. Some argue...
Topic: Some economists argue that the government intervention makes the economic outcome even worse. Some argue that there are important economic roles of the government. What is your opinion? Does the government do good or bad? Briefly discuss.
1. Government economists calculate the effects of an economic stimulus package using estimates of the government...
1. Government economists calculate the effects of an economic stimulus package using estimates of the government spending multiplier. Some economists, though, argue that these economists have overestimated the sizes of the government purchases and tax multipliers. Other economists have argued that the sizes of these multipliers were underestimated. Why do economists have difficulty in reaching agreement on the sizes of these multipliers? nted the sizes of the government
Use economic reasoning to explain the views of these two groups of economists and describe why they look at land policy (institutions) differently. Use evidence to support your answer and draw a concl...
Use economic reasoning to explain the views of these two groups of economists and describe why they look at land policy (institutions) differently. Use evidence to support your answer and draw a conclusion on which group of economists provide the best argument for land policies. Use examples that are current and up to date. Group 1 :Economists argue that immigration is a net contributor to the economy. They argue that they fuel economic growth, provide creative energy, and boost overall...
Which of the following statements is true? Group of answer choices Economic profits include opportunity costs....
Which of the following statements is true? Group of answer choices Economic profits include opportunity costs. Economic profits ignore opportunity costs. Accounting profits include all of the opportunity costs. Economists consider sunk costs in their decision making
QUESTION 23 What economic metrics do economists use to measure climate change? Social Cost of Carbon...
QUESTION 23 What economic metrics do economists use to measure climate change? Social Cost of Carbon O Present Value damages from climate change as a percent of GDP O Net losses in GDP from damages minus abatement All of the above
Help with #17 please 17. Which of the following statements is correct? A. Economic profits encourage firms to enter...
Help with #17 please
17. Which of the following statements is correct? A. Economic profits encourage firms to enter an industry; losses encourage firms to leave. B. Economic profits encourage firms to leave an industry; profits encourage firms to leave. C. Economic losses encourage firms to enter an industry; profits encourage firms to leave. D. Economic profits and losses have no significant impact on the growth or decline of an industry.
What is the primary reason why macro economists attempt to forecast future economic conditions? because automatic...
What is the primary reason why macro economists attempt to forecast future economic conditions? because automatic stabilizers do not work at all so that they can best predict how to make profits in the stock market because there are lags when using stabilization policies in order to persuade the public that monetary policy is better than fiscal policy
Why do some economists argue that federal government budget deficits contribute to increased market rates of...
Why do some economists argue that federal government budget deficits contribute to increased market rates of interest and reduced private investment? What is the significance of the distinction between internal debt and external debt? 5 Reply
What is the purpose of an economic model? Why do economists make assumptions in developing models?
What is the purpose of an economic model? Why do economists make assumptions in developing models?
1. Government economists calculate the effects of an economic stimulus package using estimates of the government spending multiplier. Some economists, though, argue that these economists have overestimated the sizes of the government purchases and tax multipliers. Other economists have argued that the sizes of these multipliers were underestimated. Why do economists have difficulty in reaching agreement on the sizes of these multipliers? nted the sizes of the government
QUESTION 23 What economic metrics do economists use to measure climate change? Social Cost of Carbon O Present Value damages from climate change as a percent of GDP O Net losses in GDP from damages minus abatement All of the above
Help with #17 please
17. Which of the following statements is correct? A. Economic profits encourage firms to enter an industry; losses encourage firms to leave. B. Economic profits encourage firms to leave an industry; profits encourage firms to leave. C. Economic losses encourage firms to enter an industry; profits encourage firms to leave. D. Economic profits and losses have no significant impact on the growth or decline of an industry.
Why do some economists argue that federal government budget deficits contribute to increased market rates of interest and reduced private investment? What is the significance of the distinction between internal debt and external debt? 5 Reply
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