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How does the BLS classify people who are "not in the labor force," and what people are often in this category? If an individual surveyed (that is, who is age 16 or over and no
write characterstics of duopoly
Explain the first-order condition of sufficiency of consumer. Sufficiency of Consumer’s First-Order Conditions This first-order condition is merely essential conditions for
Question: (a) Long Run Incremental Cost (LRIC) is considered as the "gold standard" for setting interconnection charges. Discuss the strengths and weaknesses of the three ap
critically evaluate the two main utility theories
is south african economic system more allocative efficient?
why value of marginal product is negatively sloped
What are externalities? Give an example of positive and negative externality and explain why the market outcomes are inefficient in the presence of externalities
Gross Domestic Product, Deflator: A price index that adjusts the overall value of GDP according to average increase in the prices of all output. GDP deflator equals the ratio of no
what are the merits and demerits of deductive inductive methods in economic analysis?
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