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Supply of a commodity is functionally related to its price. The law of supply rated to this function relationship between price of a commodity and its supply. In contrast to the in
Q. Describe Consumer Price Index? Consumer Price Index:Consumer price index (CPI) is a measure of overall price level paid by consumers for various services and goods they purc
what are jobs of the department of justice and the federal trade commission in business pratices.
Definition of Pareto Optimal Allocation
Preference to Non-debt Creating Capital Flows: The most important element of strategy has been the paradigm shift in the attitude towards inflow of capital from abroad. Capit
Strictly give the diff. btw the theory of reciprocal demand & theory of comparative advantage
assingnment on production cost
what is free market?
use the concept of the income elasticity of demand to explain the difference necessities, luxuries and inferior goods
Non-Tradable:Some products can't be transported over long distances or otherwise sold to consumers from far-off locations. These products (including some goods as well as most serv
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