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what is fixed and variable inputs with more explanation
#question.what is meant by ppc?illustrate the central problems of aneconomy with this curve.
meaning of economics laws
what is an iso curve
given that a=(4;2) and b=(5;11)determine the value of x in the following equation b=3x-1/2a
Income and Substitution Effects: Normal Good * The Special Case--The Giffen Good - The income effect may be large enough theoretically to cause the demand c
why sellers and producers keep pricess lower
The drawbacks of a mixed economy actually depend on how "mixed" it is. For instance, if it is mixed more towards a free-market, there is little regulation (some may see this as a g
Value Added:Value added in a particular stage of production equals value of total output, less the value of intermediate products (comprising raw materials, capital equipment and o
why the production curve is bowed outwards
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