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List and describe the determinants of the price elasticity of demand and of supply.
contrast the longrun equilibrium positions of monopolistic competition firm and oligopoly
Explain how foreign aid might help in the development process of a developing country. Definition/outline of various forms of aid, i.e. donor aid, tied aid, bilateral aid etc.
what are the benefits of natural resources and industryquestion..
Ben prefers the mixed consumption basket x+y to either 2x alone or 2y alone. But as between the latter baskets, he would rather have the 2x. Do the fact stated indicates the axiom
two or more variable inputs
ppf
Example of a cost function
what are the merits and demerits of deductive inductive methods in economic analysis?
a. The diagram above depicts the current position of a hypothetical economy using the Keynesian Income/Expenditure approach. If national income is currently at Y1 explain why this
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