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What currency was used in the 1700s?
Ans) this is depends on the country. Most currencies, though, were based on gold and silver.
In America, in the 13 colonies, tobacco was mostly used as a type of currency.
Processors of aseptically packaged juice-based beverages must adequately heat their product before packaging it in order to be sure that they have “killed” the microorganisms which
a) Explain the conditions under which a monopolist is able to price discriminate. b) Demonstrate the relationship between a firm's marginal revenue function and its relationship
Why short run average cost curve is ‘U’ shaped
I have some Microeconomics problem need to be solve, three Long question and 10 multiple-choice. If I give you four hours can you finish.
Problem 1: a. Describe the term ‘inflation' and explain the relationship between money supply and inflation. b. Describe the conditions and processes that are associated wi
Features of monopolistic competition: Large number of firms in the industry. There are many small firms each supplying only a small share of the total market output. Hence, no
Explain the graph as their is an increase in income
Surplus: Anysector or agent in economy (business, householdor government) experiences a surplus when its income surpasses its expenditure. Surplus, Economic: For the economy
Measuring the Economic Value of Education A review of research works regarding the economic value of education shows that it developed in four different directions. They a
MRTS and Marginal Productivity The change in output from change in labor equals: The change in output from change in capital equals
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