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    Is it possible for total utility to increase while marginal utility diminishes? Explain.

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Questions & Answers

How can i get a quantity demand and supply?
Charlene Reply
what is Monopoly?
Nat Reply
Monopoly is a market structure which has only one seller or producer which do not have close subtitude
Juliet
what is price mechanism
kobbina Reply
It is the economic means by which gov't, economic agencies, buyers and sellers determine the price to influence the demand and supply of a commodity.
Gh
price mechanism is the manner in which the prices of goods and services affect the supply and demand of goods and services.
Obediah
accounts in balance of payment
Ikogor Reply
What is deadweight loss?
DAVID Reply
what is economics
Michael Reply
economics is. study about money and the human beings,the economics is social science
Leela
Economics is a science which studies humans behaviour between ends and scarce means.
Caasianebok
the total amount of money earned within a country
abdul Reply
right
Ashish
What is trade line
Ruchi Reply
what is scars
Siaw Reply
What is land as labour
Siaw
Price and output determination in a monopoly?
Ruchi Reply
Monopoly :its features, measures market power
Ruchi
Monopoly is market structure where he/she is d boss with no competition.Therefore he quote his own price for product as well for quantity he provide. Eg.Suppose desert area only one shop he/she selling 10ltr water bottle @25.But with same amt you could have bought 20ltr if it's perfect competition.
Tactful
Economics is a social sciences that have diverse application
Francis Reply
what is economics?
Osborne Reply
Economic is the study of human behaviour in relation with the scare resources and it alternate use.
Tactful
Economics is a social sciences that have diverse application...
Francis
the branch of knowledge concerned with the production, consumption, and transfer of wealth.
charlon
choice and opportunity cost?
SRIPRIYA Reply
choice is the next best alternative
Taina
Choice is option available. Opportunity cost means giving up other to get The 1st one. eg. U r hungry u got 2option available on fridge A and B. You select A over B. so this is opportunity cost. B is the Opportunity Cost over A.
Tactful
can I get simple language and examples?
Gajendra Reply
what is demand
Yavara Reply
what is fiscal policy
David
fiscal policy can be defined as the use of government's income and expenditure for a specific purpose
Nzenwata
ahhhh.. i dont what is expindetures
ian
It is the policy use by govt to influence economy ( manage inflation and deflation). Steps involved are govt spending and taxation.
Tactful
Demand is quantity of good a person is willing and ready to buy at given period of time at given price.
Tactful
good
abubakar
good but high language
Gajendra
lower the language @gajendra Singh
abubakar
What is natural monopoly
Ruchi
Natural monopoly is a market structure or system where the creation of goods and services, it's distribution and pricing mechanisms are undertaken by a sole firm resulting from demand, economies of scale and existing market survey other than legal constraints.
Gh
I don't really know anything about economics but am offering it at the University....
Oteng
Which uni if I may ask...?
Gh
can u help me guys to answer this question what are the different ways of defining money in your economy? Compare these with the monetary aggregates commonly used in another selected country. Explain their differences and the reasons for such differentiation.
aisyah
Why do we observe a wide variety of checking and savings accounts, rather than just one of each type? What are the reasons for the existence of financial intermediaries? Why do the ultimate lenders usually not lend directly to the ultimate borrowers?
aisyah
what is economic
David
The social science which study human behaviour and relationship between end and scare mean which have alternative uses.
Amadu
Trade line example
Ruchi
@ruchi y have conpleted pg in economics or doing pg in econonics
Ashish
What is demand supply
Yahuza
Demand and supply or demand supply?
BADAB
Demand refers to the quantity of a commodity that buyers are willing and able to buy at particular price over a given period of time.
BADAB
Lizzy had Rs 500, John has Rs 50, Fifi will have Rs 700, who has more money? Plz solve this question
Ruchi
@Ruchi john has more money
Ashish
How?
Ruchi
present time is important
Ashish
Yaa nd thnx
Ruchi
had is past will in future may be or not be
Ashish
@ ruchi wlcme
Ashish
aap kaha se hai
Ashish
Why
Ruchi
shukla laga hai isliye
Ashish
aap se economics padna cahate hai
Ashish
No idea for economics
Ruchi
aap to naaraj ho gayi
Ashish
mai bhi bsc hu
Ashish
koi baat nahi nabattye
Ashish
Oh
Ruchi
ma econo.ics kiya hai
Ashish
lekin mixro macro thoda kam samajh me aayi hai
Ashish
Eco not my background
Ruchi
then what your bck ground
Ashish
Sychlgy
Ruchi
oh then you study abt my pshcology
Ashish
sry u r trying to study my sychlgy
Ashish
what is national income, pls?
Priscilla
what are the production costand cost of production
Didole
explicit cost
Didole
types of cost
Didole
production cost & cost of production r de same.
Priscilla
production costs r costs incurred for producing goods & services.
Priscilla
is an economic principle referring to a consumers desire and willingness to pay a price for specific goods and services
abdul
demand and supply
abdul
what is opportunity cost
Juliet
opportunity cost is the next best alternative forgone when a choice is made.
Abraham
The supply price of a given quantity of a commodity will increase if the supply curve...... . . **pls need answer!
Juliet
shifts to the right
Gh

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Source:  OpenStax, Principles of economics. OpenStax CNX. Sep 19, 2014 Download for free at http://legacy.cnx.org/content/col11613/1.11
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