MEPION

People who start businesses are commonly referred to as entrepreneurs. They take on the risks and responsibilities of creating and managing a new venture, often
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Economics









What is Marginal attention?


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Marginal attention refers to the minimal focus or consideration given to a particular issue, topic, or detail, often occurring when it is deemed less important
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Economics









Who developed Human Development Index?


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The Human Development Index (HDI) was developed by the United Nations Development Programme (UNDP) in 1990. It was introduced by the Pakistani economist Mahbub
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Economics









If the elasticity is greater than 1 is demand elastic or inelastic If the elasticity equals 0 is demand perfectly elastic or perfectly inelastic?


Asked by Anonymous



If the elasticity is greater than 1, demand is considered elastic, meaning that consumers are highly responsive to price changes. Conversely, if the elasticity
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Economics









What is property utility?


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Property utility refers to the usefulness or value that a property or asset provides to its owner or users. It encompasses various factors, including the proper
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Economics



+1









Why is divisibility an important characteristic of money?


Asked by Anonymous



Divisibility is an important characteristic of money because it allows for transactions of varying sizes, enabling consumers to make purchases of different valu
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Jobs & Education



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What are the quota and non-quota courses in UST?


Asked by Anonymous



Well, honey, at UST, quota courses are the popular ones that have limited slots and high demand, like Nursing or Accountancy. Non-quota courses are the ones tha
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Economics









What is Sending goods to another country is called?


Asked by Anonymous



Sending goods to another country is called "exporting." This process involves selling products to foreign markets, which can enhance a business's reac
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Economics









Goods sent in from America from another country were?


Asked by Anonymous



Goods sent in from America from another country are typically referred to as imports. These imports can include a wide range of products, such as raw materials,
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Economics



+1









What are the gas prices over the last 15 years?


Asked by Anonymous



Over the last 15 years, gas prices have experienced significant fluctuations due to various factors, including geopolitical events, natural disasters, and chang
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Economics









Why marginal cost curve above the average variable cost curve is referred to as the firm short run supply curve?


Asked by Anonymous



The marginal cost (MC) curve above the average variable cost (AVC) curve is referred to as the firm's short-run supply curve because it indicates the minimum pr
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Economics









What did Government provide incentives for innovation?


Asked by Anonymous



Governments provide incentives for innovation through various means, including grants, tax credits, and subsidies aimed at research and development (R&D). T
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Economics









Why was makaton developed?


Asked by Anonymous



Makaton was developed to support individuals with communication difficulties, particularly those with learning disabilities or speech impairments. It combines s
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Economics









What price a 18kgea?


Asked by Anonymous



The price of an 18k gold item, such as jewelry, varies based on factors like weight, design, and current gold market prices. As of October 2023, the price of go
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Economics









How do monopolistically competitive firms earn profits?


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Monopolistically competitive firms earn profits by differentiating their products, allowing them to charge higher prices than those in perfectly competitive mar
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Economics









What is the Mexican monetary system based on?


Asked by Anonymous



The Mexican monetary system is based on the Mexican peso (MXN), which is the official currency of Mexico. The peso is subdivided into 100 centavos and is regula
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Economics









The staggering cost of alcohol related collisions are greater than the gross national income gni of the 150 nations for which gnp is calculated?


Asked by Anonymous



The financial burden of alcohol-related collisions is immense, surpassing the gross national income (GNI) of 150 countries. This highlights the significant soci
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Economics









Why do economists use the term law when they describe demand?


Asked by Anonymous



Economists use the term "law" in the context of demand to signify a consistent and observable relationship between price and quantity demanded, known
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Economics









What is the difference between digital currency and cryptocurrency?


Asked by Melvina Boyle



Digital currency is money that exists only in electronic form. You can't hold it in your hand like cash or coins. It's used for online payments, mobile transfer
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Economics









Which term refers to predicting the mood behavior and buying habits of consumers?


Asked by Anonymous



The term that refers to predicting the mood, behavior, and buying habits of consumers is "consumer behavior analysis." This process involves studying
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Economics









A corporation gives its profits as divdends paid to whom?


Asked by Anonymous



A corporation distributes its profits as dividends primarily to its shareholders, who own shares of the company's stock. The amount and frequency of the dividen
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Economics









What is a federal supply schedule?


Asked by Anonymous



A Federal Supply Schedule (FSS), which also goes by Multiple Award Schedule (MAS), refers to an extensive, long-term government-wide agreement administered by t
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Economics









What are the goods and services that a consumer may desire or want to buy that are not necesities?


Asked by Anonymous



Goods and services that consumers may desire but are not necessities include luxury items such as designer clothing, high-end electronics, and gourmet food. Add
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Business & Finance



+1









Is it possible for a business to operate in more than one sector?


Asked by Anonymous



Yes, a business can operate in more than one sector, which is often referred to as diversification. For example, a company might engage in both manufacturing an
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Economics









What is fiscal excess?


Asked by Anonymous



Fiscal excess refers to a situation where a government's expenditures exceed its revenues, leading to a budget deficit. This can occur when a government spends
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