aNet economic benefits are maximised when road-user charges are equal to the costs of the resources consumed when the road network is used. 净经济好处最大化,当路用户充电与被消耗时的资源的费用是相等的,当使用时公路网。[translate]
True or False: Economic costs are typically equal to or greater than accounting costs. Fixed costs do not change with the level of output. a. True. b. False. If marginal cost is increasing, then average variable cost must be increasing simultaneously. True or False?
aNet economic benefits are maximised when road-user charges are equal to the costs of the resources consumed when the road network is used. The costs are usually referred to as short-run marginal costs. Other costs like the cost of damage done to the road surface by the passage of vehicles...
In turn, China's advanced exports enrich the global market, and its satellites support international scientific endeavors in space. Chinese robots, from coffee-makers to plane-welders, are revolutionizing services and high-end manufacturing. And drawing on its extensive rail network experience, China ...
If implicit costs are positive, accounting profit will be ___ economic profit. a. less than b. greater than c. equal to Economists and Resources: Economists are interested in studying resources and not necessary money. Money is just an intermediary good th...
Fresh data on China's growth in 2023, issued recently, show the country's GDP was more than 126 trillion yuan (more than $17 trillion), meaning it grew by 6 trillion yuan, which is equal to the GDP of a medium-sized country.
to an inef icient allocation of resources ■ what is meant by economic ef iciency ■ what are private costs, external costs and social costs; ■ what is meant by productive and allocative ef iciency, private benefits, external benefits and social benefits Pareto optimality and dynamic ef ici...
There are two categories of saving in the economy: private saving by households and public saving by the government. The value of total saving in the economy is always equal to the value of total investment spending. In the model of the market for loanable funds, the interaction of borrowers...
China is expected to reduce comprehensive financing costs and leverage various monetary policy tools to support the real economy in a precise and effective manner, said Zeng Gang, director of the Shanghai Institution for Finance and Development. ...
Economic efficiency refers to how effectively a society's scarce resources are used to produce goods. Economists have several ways of measuring economic efficiency, based on the allocation of inputs, costs, or the allocation of final consumer goods. ...