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Explain the law of diminishing marginal returns using the example of a factory which is currently running at half capacity and employs more staff
iN BOTH CITIES, AN INCREASE IN INCOME COMBINED WITH EXPECTATIONS OF A STRONG MARKET SHIFTED DEMAND AND CAUSED PRICES TO RISE RAPLIDLY DURING THE MID-TO LATE 1980S. Illustrate with
WHY IS INTERNATIONAL TRADE IMPORTANT IN SOUTH AFRICA
Examine two (2) tenets of the mercantilist school. Determine whether you agree or disagree with these principles. Provide at least two (2) reasons to support your answer
factor contribute long run trend of term of trade in developing country
Effective Demand The concept of effective demand is the logical starting point of Keynes Theory of Employment. Effective demand manifests itself in the aggregate expenditure of
What is the definition of opportunity cost?
how the theories of trade cycle affects in the business
equilibrium real wage
Q. What do you meant by Investment? When we use the word investment, we characteristically mean 'gross investment'. Fundamentally, gross investment comprises all finished goods
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