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using ? tools of economic highlight on comsumption
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When the price of candy bars increased from $.45 to $.55 the quantity demanded changed from 21,000 per day to 19,000 per day. In this range the price elasticity of demand for cand
Allocative Efficiency The production of products and services such that stages of production are closely tied to levels of customer demand.
All about matter
who is a rational behaviour
Q. What do you meant by Informal Economy? Informal Economy:Informal sector of the economy represents the production of services and goods for the own-use of the producers or fo
Deviation in graph
What does the basic neoclassical, or traditional, model of economics assume about markets? It supposes that markets are perfectly competitive and smoothly functioning, and thos
Introduction for a natural monopoly assignment
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