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List and describe the determinants of the price elasticity of demand and of supply.
How might a country exchange rate influence the balance of payments? Definition of the exchange rate; price of domestic currency in another (basket of) currency (currencies). C
Under capitalism, most production is undertaken by private companies (of various forms), with the goal of generating a profit to the company's owners. Profit is obtained when compa
Gibb''s energy In every chemical system, the substance moves in a direction in which there is a decrease in free energy, for example i.e. ?G is negative. G = H - TS where, G is
explain the traditional theory of cost with suitable diagrams.explain why LAC curve is not U shaped?
The End of the Malthusian Age We clearly no longer live in a Malthusian age. For at least 200 years improvements in the efficiency of labor made possible by new technologies a
What is the theory of Second Best? Prove the theorem with the help of a diagram.
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what is electronic configuration of fblock elements
what are the merits and demerits of deductive inductive methods in economic analysis?
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