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Aggregate household indebtedness:
This is the purchasing power of the sum of money outstanding that households have borrowed and are currently obligated to repay. If households are in debt to the degree that part of their current incomes are committed to instalment payments on previous purchases, they may well be obliged to reduce current consumption.
the conclusion
how to compute the price of a laptop increase of 20% and there is a 40% drop in the aquantity demanded
if the inverse demand curve is p = 120 - Q and the marginal cost is constant at 10, how does charging the monopoly optimum and the welfare of consumers, the monopoly, and society?
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#question.PROPERTIES OF INDIFFERENCE CURVES WITH TABLE AND DIAGRAM.
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