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meaning of average revenue
explain budget line?
Problem: (a) "Economics is the study of how society decides what, how and for whom to produce". Describe the importance of opportunity cost to a society. (b) Distinguish bet
Public Administration: According to L.D. White, "Public administration consists of all those operations having for their purpose the fulfillment or enforcement of public polic
Tuan lives in a town with only one movie rental store. Suppose Tuan’s demand for movie rentals per month is Q = 16- 2P . The movie store currently charges $5 per movie, but is thin
#question.using a well illustrated diagram, explain the concept of producers equilibrium .
Implementation of economic policy: On the ability of civil servants and Government to learn, Government must possess the following qualities to ensure implementation of econom
If demand goes down what happens to the equilibrium?
Inductive effect
If a person literally had “nothing else to do,” (a) What would be the opportunity cost of doing this homework?
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