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draw demand curve for a-phone explain how the graph, price ,and quantity demand will change if there is an overall increase in income.
THEORY OF CUSTOMS UNION: A customs union is an association of two or more countries to encourage trade. The countries making such an arrangement agree to eliminate tariffs and
characteristics of microeconomics
Two firms produce a pollutant called Q. The total costs of reducing emissions of Q are as follows for Firm 1 and Firm 2, respectively: TC1=10+100Q12 TC2=20 + 50Q22. This means tha
explain the traditional theory of cost with suitable diagrams.explain why LAC curve is not U shaped?
CleanAuto Inc. has four workers: Julie, Ian, Devon, and Thomas. CleanAuto Inc. provides two services: interior vacuuming and exterior wash. Julie can perform each of these tasks in
STETE THE THEORIES OF DETERMINATION OF RENT
an explanation of the meaning of price ceiling
Inflation is defined as
Explain the difference between a stock and a flow. A stock is something whose quantity is calculated at a point in time, whereas a flow measures the quantity of something ove
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