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    social costs

    costs that include both the private costs incurred by firms and also additional costs incurred by third parties outside the production process, like costs of pollution

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Questions & Answers

profit maximize for monopolistically?
Usman Reply
what kind of demand curve under monopoly?
Mik Reply
what is the difference between inflation and scarcity ?
Abdu Reply
What stops oligopolists from acting together as a monopolist and earning the highest possible level of profits?
Mik
why economics is difficult for 2nd school students.
Siraj Reply
what does mean opportunity cost?
Aster Reply
what is poetive effect of population growth
Solomon Reply
what is inflation
Nasir Reply
what is demand
Eleni
what is economics
IMLAN Reply
economics theory describes individual behavior as the result of a process of optimization under constraints the objective to be reached being determined by
Kalkidan
Economics is a branch of social science that deal with How to wise use of resource ,s
Kassie
need
WARKISA
Economic Needs: In economics, needs are goods or services that are necessary for maintaining a certain standard of living. This includes things like healthcare, education, and transportation.
Kalkidan
What is demand and supply
EMPEROR Reply
deman means?
Alex
what is supply?
Alex
ex play supply?
Alex
Money market is a branch or segment of financial market where short-term debt instruments are traded upon. The instruments in this market includes Treasury bills, Bonds, Commercial Papers, Call money among other.
murana Reply
good
Kayode
what is money market
umar Reply
Examine the distinction between theory of comparative cost Advantage and theory of factor proportion
Fatima Reply
What is inflation
Bright Reply
a general and ongoing rise in the level of prices in an economy
AI-Robot
What are the factors that affect demand for a commodity
Florence Reply
price
Kenu
differentiate between demand and supply giving examples
Lambiv Reply
differentiated between demand and supply using examples
Lambiv
what is labour ?
Lambiv

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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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