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Explain the role of managerial ecnomist in kissan &dipsy fro ub group
what happen when a new resources has been discovered for computer
Explain how consumers might benefit from the existence of monopolies. While the standard issue of monopolies having higher prices and lower output that competitive markets migh
Question 1: (a) Clearly illustrate the features of a perfectly competitive firm. (b) How would the same industry change if it were organized first as a competitive industr
What is the purpose of the IMF and why might the IMF be called the “lender of last resort”? Discuss how three of the tools they use for establishing economic stability in a country
excess reserve make a bank less vulnerable to runs.why
use of diagram how the price mechanism operates to allocate scarce resources. use examples to illustrate the answer.
Suppose the demand curve for a consumer for coffee is: Q = 6 - 2P, where Q represents the number of cups per day and P is the price of coffee per cup. 1. Suppose the con
Illustrate and explain the changing demand for big mac using the indifference curve and budget line.
Problem 1: a. Briefly explain and distinguish between a centrally planned, laissez-faire and mixed economy. b. According to you, which type of economic system is most desira
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