What are the two main categories of participants in markets? Which participants are of greatest importance in

Question:

What are the two main categories of participants in markets? Which participants are of greatest importance in determining what goods and services are produced?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Economics

ISBN: 978-0134106243

6th edition

Authors: R. Glenn Hubbard

See More Books

Question Posted: Nov 01, 2017 06:44 AM

See More Questions

What are the two main categories of functional budgets, and why are these useful way to budget?
Identify the two main categories of accounting principles.
What are two main categories of problems that can prevent an auditor from issuing an unmodified audit opinion on GAAP financial statements? Which type relates to managements responsibilities and...
Find dy/dx for the following functions. y = sin x + cos x
(Balance Sheet and Income Statement Disclosure?Lessee) The following facts pertain to a non-cancelable lease agreement between Alschuler Leasing Company and McKee Electronics, a lessee, for a...
What is the resolution limit due to diffraction for the European Southern Observatory reflecting telescope-50* (which has an 8.20-m, or 323-in., diameter) for light with a wavelength of 550 nm?
Consider the trends as analyzed in the last section. Why, in your opinion, are greenfield investments are on the rise? What other changes can be expected in the coming years in terms of the Chinese...
The trial balance of Ogilvys Boutique at December 31 shows Inventory $21,000, Sales Revenue $156,000, Sales Returns and Allowances $4,000, Sales Discounts $3,000, Cost of Goods Sold $92,400, Interest...
Wingate Company, a wholesale distributor of electronic equipment, has been experiencing losses for some time, as shown by its most recent monthly contribution format income statement: Sales $...
Allie has bought a new apple orchard. The orchard has a single file of trees, numbered from 1 to N. Each tree has a certail number of ripe apples. Allie has a rule she wants to follow. She wants to...
In the court case over whether anyone could use Conan Doyle's character Sherlock Holmes without paying a fee, Judge Posner argued that the first Sherlock Holmes story was written in 1887, so allowing...
What is a free market? In what ways does a free market economy differ from a centrally planned economy?
For each of the following arguments, construct an indirect proof of validity. P: DD (ZDY) P: ZD (Y-Z) 2 ::~DV~Z)
Based on the expense information below how do I figure out the break even, total fixed costs, total income for each procedure, variable costs dependent upon volume? The organization is purchasing a...
Compare training formats. Do you personally prefer classroom training, small group sessions, one-to-one training, or self-guided tutorials? Why? Are there circumstances in which you feel a one-to-one...
what ways do you feel a sense of identity and belonging within the organization's community, and how does that influence your performance and engagement?
How do different generational cohorts within the workforce perceive and contribute to organizational culture, and what steps can organizations take to create a cohesive culture that bridges...
How do various tools and techniques such as adding slack (padding estimates) or project buffers help project managers perform duration estimates? What are some ethical considerations when using slack...
Find the real solutions, if any, of each equation. Use the quadratic formula. 2x x - 3 + 1 X = 4
Refrigerant R-12 at 30C, 0.75 MPa enters a steady flow device and exits at 30C, 100 kPa. Assume the process is isothermal and reversible. Find the change in availability of the refrigerant.
In Table 12.3 below, what are Farmer Parker's fixed costs? Suppose that his fixed costs increase by $10. Will this increase change the profit-maximizing level of production for Farmer Parker? Briefly...
Frances sells pencils in the perfectly competitive pencil market. Her output per day and her costs are as follows: Output per Day Total Cost...
Frances sells pencils in the perfectly competitive pencil market. Her output per day and her costs are as follows: Output per Day Total Cost...
Suppose I have computed the cost of carbon per mile for my car at 0 . 0 1 2 per mile. Assume that the interest rate is 4 % and that I drive the car 2 8 , 0 0 0 miles per year. What is the present...
Imagine that in stable growth period, the firm earns ROIC of 10% and has after tax EBIT of 200 and reinvestment $ of 40. What is the steady state growth rate? 20% O 10% 2%
Tanner-UNF Corporation acquired as a long-term investment $160 million of 5.0% bonds, dated July 1, on July 1, 2021. Company management has the positive intent and ability to hold the bonds until...

What are the two main categories of participants in markets? Which participants are of greatest importance in

Question:

Step by Step Answer:

The two main categories of market participants are households and firms ...View the full answer

Economics

Students also viewed these Micro Economics questions