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What is demographic transition In the world today not all nations have gone through their demographic transitions. Many countries today aren't rich enough to have begun populat
aid of production possibilty curve
f(x1 x2,x3,x4) =min(x1/4x22/3,x3+2x4)
Marketing Economies: These are derived from the bulk purchasing of inputs and bulk distribution of outputs. A large firm is able to buy its raw materials in larger quantities
Paradox of Thrift: An individual household, governmentor business may attempt to save money by reducing their current expenditures. Though those attempts to save, once amalgamated
Explain externality, how can government intervene to achieve allocative efficiency in case of external cost or external benefit? Answer The term externalities refers to bot
is a hotdog vendor''s stand a good example of diseconomics of sale?
The market structure in the south African mobile telecommunications industry
explain budget line?
Division of Labor The occupation or breaking down of jobs into simple and repetitive responsibilities.
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