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Law of mass action states that at a constant temperature rate of a chemical reaction is directly proportional to product of active masses of the reactants raised to the power equal
During the 1990s, technological advance reduced the cost of computer chips. Explain, with the use of supply and demand diagrams, how the following markets are affected in terms of
Compare and contrast the different measures of revenue
discuss whether marginal utility is a realistic piece of economic analysis in explaining consumer demand
about pay back method
Why is it so difficult for government to achieve all macro objectives simultaneously? Specifically showing possible trade-offs i.e. a) Stimulatory policies which enhance AD
using necessary and sufficient conditions explain consumer equilibrium diagrammatically as well as mathematically
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what is the significance of the Loucas critique in political economy?
Prove that utility approach and indifference curve yield the same consumer equilibrium
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