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How is the concept of a normal return on investment related to the distinction between business and economic profit?
Economic profit is the profit made on an investment of some sort in which inflation and other economic factors have been considered. Normal return on investment is just the net profit made in the investment (simple subtraction).
What does NFP mean in economic world?
net factor payment
When a welfare loss occurs because of monopoly?
Welfare loss in a monopoly occurs when the monopolist sets prices above the marginal cost of production, leading to reduced output compared to a competitive market. This results in a deadweight loss, where potential transactions that could benefit both consumers and producers do not happen. Consequently, consumer surplus decreases, while the monopolist captures a larger portion of economic surplus, leading to inefficiencies in resource allocation and a net loss in societal welfare.
How do net exports, when calculating GDP, impact the overall economic output, considering they are both added to and subtracted from GDP?
Net exports, which are the difference between a country's exports and imports, play a significant role in calculating GDP. When net exports are positive, meaning exports exceed imports, they add to GDP and contribute to economic growth. Conversely, when net exports are negative, meaning imports exceed exports, they subtract from GDP and can hinder economic output. Overall, net exports impact the balance of trade and influence a country's economic performance within the global market.
What concept of physical fitness is based on the concept of wellness and the elimination of hypokinetic conditions?
health related physical fitness is the amswer nova net genius.
Why is the welfare state important?
The welfare state is important because it provides a safety net for individuals who are vulnerable or facing economic hardship. It helps ensure basic needs such as healthcare, housing, and food security are met for all members of society. Additionally, it promotes social and economic equality by reducing poverty and inequality.
What is Mo'Nique's net worth?
The exact ammount of her welfare check.
Which political ideology support economic safety net?
statists is a political ideology which support economic safety net in a country.
What is Mo'Nique Imes-Jackson net worth?
The exact ammount of her welfare check.
What is a net of a rhombus?
A net is a concept that is relevant for solid objects, not two-dimensional shapes.
What is the net of a circle?
A net is a concept that is relevant for solid objects, not two-dimensional shapes.
What is the net of a rhombus?
A net is a concept that is relevant for solid objects, not two-dimensional shapes.
What is the net of a parallelogram?
A net is a concept that is relevant for solid objects, not two-dimensional shapes.
How is the concept of a normal return on investment related to the distinction between business and economic profit?
Economic profit is the profit made on an investment of some sort in which inflation and other economic factors have been considered. Normal return on investment is just the net profit made in the investment (simple subtraction).
What is object concept in visual basic net?
The object concept is visual basic net is a part from a book. There are four key concepts of object-oriented development.
Why Britain decided to introduce a welfare state after 1945?
Britain decided to introduce a welfare state after 1945 to address the social and economic challenges resulting from World War II. The government aimed to provide a safety net for its citizens, reduce poverty, and promote national stability and prosperity. The welfare state was seen as a way to improve public health, education, and housing while fostering a sense of social responsibility and solidarity.
Why is net neutrality an important concept?
how do search engines work
