What are the factors that cause a shift in demand? What changes the demand for factors of production? What kind of product do you think is the biggest demand now? What are the determinants of desired consumption spending? What is exceptional demand curve and what are some of its applications?
What are the determinants of demand for labour?Labor:Labor is the number of people in the economy who are ready to contribute to the production of products and services and get wages according to the same. There are two types of labor: skilled labor and unskilled labor. Skilled laborers are...
1.Consumer preferences: personality characteristics, occupation, age, advertising, and product quality, all are key factors affecting consumer behavior and, therefore, demand. 2.Prices of related products: an increase in the price of one product will cause a decrease in the quantity demanded of a...
What are the characteristics of audio-lingual method? A. Language is learned by constant repetition and the the reinforcement of the teacher B. Mistakes were immediately corrected, and correct utterances were immediately praised. C. Students should be allowed to create their own sentences based on ...
Discuss "Features of Perfect Competition".What are the characteristics of a perfectly competitive market?
B.The characteristics of adolescents. C.The importance of interpersonal skills. D.The causes of dishonorable behavior.3. What did Dr. Prinstein’s study find about the most liked kids? A.They appeared to be aggressive. B.They tended to be more adaptable. C.They enjoyed the highest status....
2.What are the characteristics ofBritain’sagriculture? A:britain’s agriculture is characterized by a small portion of the population engaged in agriculture activities with a high degree of mechanization.Although it employs a mere 1% of the country’s labor force , it meets around 60% of the...
1.What are the two characteristics of the U.S. constitution? One is “checks and balances”, the other is that the power of thefederalgovernment andof thestate governments are specifiedin the Constitution. 2.What are the qualifications for a senator and a representative respectively? A senator...
IV. Short answer questions 1What are the main characteristics of Anglo-Saxon literature? Key: Anglo-Saxon literature is almost exclusively a verse literature in oral form. It was passed down by word of mouth from generation to generation. Most of its creators are unknown. There are two groups...
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