In what way is the private economy better than the government? Select the correct answer below: the private economy may allow a powerful monopoly to exist the private economy may cause environmental degradation the private economy does not take into consideration the "invisible hand" of the market the private economy has the self-correcting mechanism of markets

Q: a. By what percentage did the price of a litre of petrol rise? b. By what percentage did the wage ri...

A: here we calculate the wage rise by the following method as follow;

Q: Required information MPC = 0.9; MPM = 0.2 Refer to the above information to answer this question. W...

A: The marginal propensity to earn, (MPE), is a difference between MPC and MPM

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A:

Q: The z-score interval that bounds a middle area of 0.75 is _____. a ± 1.08 b ± 1.10 c ± 1.13 d ± 1.15

A: We have to find value of Z score such that 

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A: Answer-

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A: The answer is - B. Construction to permanent Mortgages.

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A:

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A: Profit = TR - TC Breakeven occurs if the profit is 0 and TR=TC   

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Q: #1: A lower income economy starts off with a per capita GDP of $5,000. How large will the per capita...

A: Since we answer 1 question at a time, question 1 will be answered here. Please reupload the question...

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Q: Explain the term Relative advantage?

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A: GIVEN   Other things being equal, would a consumer optimum change if the prices of all items consume...

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