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a) An enhances in the quantity demanded of a good can happen because consumers expect the price of that good to enhance in the near future.
b) A price ceiling imposed above the competitive equilibrium will result in a shortage.
is economics a positive science
Indifference curve definition
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bain''s model of limit pricing with diagram
in the context of managerial economics how do you explain a rational producer.illustrate giving example.
Money: Broadly speaking, money is anything which can be used as a means of payment (for instance, to settle a debt). It includes bank deposits, actual currency, credit cards and li
Economies of Scale
1. Using personal (work) experience or examples found from companies you research or from text book scenarios: a. Give an example of at least two "conflicting measurements" bei
what is money? functions
Ask questiowhat are the importance of the branches of economics
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