FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The word microeconomics gets from the Greek words pikpo (little, minor) and olkovopia (economy). Microeconomic concentrate generally has been performed by broad harmony hypothesis, created

image text in transcribed
image text in transcribed
The word microeconomics gets from the Greek words pikpo (little, minor) and olkovopia (economy). Microeconomic concentrate generally has been performed by broad harmony hypothesis, created by Leon Walras in Elements of Pure Economics (1874) and fractional balance hypothesis, presented by Alfred Marshall in Principles of Economics (1890)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Public Law

Public Law

Authors: John Stanton, Craig Prescott

3rd Edition

0192857460, 978-0192857460

More Books

Students also viewed these Law questions

Question

★★★★★
For each of the following six scenarios, state whether the value of the dollar will appreciate, depreciate, or remain the same relative to the Japanese yen. Explain each answer. Assume that exchange...

Answered: 1 week ago

Question

★★★★★
Find a polar equation for the conic with its focus at the pole and the given eccentricity and directrix. Conic Ellipse Eccentricity e = // Directrix y = 1

Answered: 1 week ago

Question

★★★★★
Consider a queueing system having two servers and no queue. There are two types of customers. Type 1 customers arrive according to a Poisson process having rate 1, and will enter the system if either...

Answered: 1 week ago

Question

★★★★★
Arizona Corp. had the following account balances at 12/1/19: Receivables: $96,000; Inventory: $240,000; Land: $720,000; Building: $600,000; Liabilities: $480,000; Common stock: $120,000; Additional...

Answered: 1 week ago

Question

★★★★★
Stocking Company produces Tablets and Books. Total overhead costs traditionally have been allocated on the basis of direct labor hours. After implementing activity-based costing, managers determined...

Answered: 1 week ago

Question

★★★★★
During the first half of the eighties, market interest rates remained stubbornly high despite a much lower inflation rate of 4% in 1984 from 12% in 1980. How can one interpret the unyieldingness of...

Answered: 1 week ago

Question

★★★★★
A parachute company sells safety devices that are designed to fire, releasing the reserve parachute, at a mean height of 335.2 m with a standard deviation of 12.1 m. The company recently updated the...

Answered: 1 week ago

Question

★★★★★
1. Although Apples inbound logistics began with Apple controlling the assembly of its computers, it shifted to having suppliers acquire raw materials with contract manufacturers handling most of the...

Answered: 1 week ago

Question

★★★★★
Compose two (2) pieces of academic writing on the following questions. Responses should be 800 words each and have a short introduction, body, and a short conclusion. Research Task 1 What are the...

Answered: 1 week ago

Question

★★★★★
Timber Log Homes Ltd. (Timber) has produced log home kits in its current location of Langley, British Columbia, since 1987. Until recently, Dean Fortin, the chief operating officer, was the sole...

Answered: 1 week ago

Question

★★★★★
Find the annual depreciation using SYD method. A Computer Company has purchased some computers worth $5,000,000. It cost them $200,000 to transport the Computer to their location. The Company...

Answered: 1 week ago

Question

★★★★★
Vertical Analysis of Balance Sheet Balance sheet data for Alvarez Company on December 31, the end of two recent fiscal years, follows: Current assets Property, plant, and equipment Intangible assets...

Answered: 1 week ago

Question

★★★★★
Always show respect for the other person or persons.

Answered: 1 week ago

Question

★★★★★
Self-awareness is linked to the businesss results.

Answered: 1 week ago

Question

★★★★★
1. Too reflect on self-management

Answered: 1 week ago

Previous Question Next Question