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scope of microeconomics
a) Collect costs, revenue data, or other data from the industry that you deem relevant. Describe how you would modify the data in order to make it relevant to decisions a manager m
Uses and Habit Forming Commodity -price elasticity of demand: The number of possible uses : A commodity has high price elasticity of demand (or elastic demand) if it can be p
What is main difference between nominal money supply and real money supply? Real money supply is the supply of real money in the economy. Real money is supplied considering th
What are the causes of emergence of monopoly?
if a bank has $6000 in checkable deposits and the required reserve ratio is 0.2 then the bank can lend how much money?
explain land as a part of the four factors of production
what are he uses of a balance of payement
Equilibrium is explained as follows: Equilibrium is the state in which there are no shortages and surpluses; or we can say that the quantity demanded is equal to the quantity s
marries model
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