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WHAT ARE ROLE AND ASUMPTIONS OF ECONOMIC THEORIES
As a consumer increases the consumption of any one commodity, marginal utility of the variable commodity must eventually decline."Illustrate the statement. Illustrate law of dem
heckscher - ohlin theory of trade
Severe drought hit the coffee industry hard this year; as a result, more people are now switching to tea. The first table below shows the original supply and demand quantities in t
BUREAUCRACY: M de Gournay, an economist of France, first coined the word Bureaucracy in the eighteenth century to refer to "a fourth or fifth form of Government" in which "off
1. Calculate price elasticity of demand and supply for the following functions when (a) P=8 and (b) Q=6. i. P= 40 - 0.5Q ii. Q= -40 + 0.75P iii
How to find quantity supplied given just the price
the diagram used to illustrate of abnormal and normal profits
what is fixed and variable inputs with more explanation
how does the concept of possibility production curve aplicable in real life?
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