Category: Economics

WK3:ECO DIS

Learning Goal: I’m working on a economics question and need the explanation and answer to help me learn. Why is knowing (or estimating) the product demand so crucial for a firm? What are the differences between estimating and forecasting demand? In your response, include an example of a business that has suffered from poorly forecasting […]

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ECON: WK1 PROFIT

Learning Goal: I’m working on a economics discussion question and need the explanation and answer to help me learn. In economics, the assumption of maximization of profit explains behavior of firm. Profit is defined as total revenue minus total cost and profit is maximized at the level of production where total revenue exceeds total cost […]

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ECON: WK1 PROFIT

Learning Goal: I’m working on a economics question and need the explanation and answer to help me learn. In economics, the assumption of maximization of profit explains behavior of firm. Profit is defined as total revenue minus total cost and profit is maximized at the level of production where total revenue exceeds total cost by […]

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economics 30573

Learning Goal: I’m working on a economics spreadsheet and need guidance to help me learn. The Fed has a dual mandate to stabilize prices and maximize employment. Plot both over recent years using the unemployment rate (U-3) to measure employment and the annual percentage change in Personal Consumption Expenditures: Chain-type Price Index to measure inflation. […]

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ECON30573

Learning Goal: I’m working on a economics spreadsheet and need guidance to help me learn. The Fed has a dual mandate to stabilize prices and maximize employment. Plot both over recent years using the unemployment rate (U-3) to measure employment and the annual percentage change in Personal Consumption Expenditures: Chain-type Price Index to measure inflation. […]

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Main features of small scale industries

Learning Goal: I’m working on a economics writing question and need the explanation and answer to help me learn. SMALL SCALE INDUSTRIES The small scale industries are the industries with the investment of 5lakhs in 1950 and one crores in recent years. For the development of small scale industry the one month appointed A committee […]

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