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Q. Definition of labour force?
Labour Force:Total population of working-age people who are willing and able to work and who thus have ‘entered' labour market. Labour force includes individuals who are employed, and those who are ‘actively' seeking employment.
whit is mean super normal profit
Social cost: Social cost of production refers to the cost incurred by a society when its economic resources are used to produce a given commodity. The usage of a society’s res
derive PCC for complementary goods
Explanation
How is the foreign exchange rate determined
Q. Show the Environmental Taxes? Environmental Taxes: Taxes which are imposed on particular activities, or particular products, which are considered to be especially damaging t
how does the charging the monoply a specific tax per unit affect the monopoly optmum and 5the welfare of consumer
from where world bank get money & how
ppf
What is the optimal consumption bundle and marginal utility per dollar? The optimal consumption bundle is the consumption bundle which maximizes a consumer's total utility sp
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