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Lorie teaches singing.Herr fixed cost are $1000 a month,and it costs her $50 of labor to give one class.the table shows the demand schedule for lorie''s singing lessons. Price
Why is the goal of stability and security important to many people? What problems typically emerge during periods of instability? The instability over the business cycle can b
what is cob duglus production function?
Air is one of the important constituent in the environment that is prone to pollution. Pollution of air refers to that part of atmosphere which is very nearest to the earth’s surf
What do you mean by Consumption Set? Consumption Set: We notice a consumer faced along with possible consumption bundles within consumption set X. We generally assume that X
discuss the implications of various market structures(competitive and non-competitive) for price determination
how does the charging the monoply a specific tax per unit affect the monopoly optmum and 5the welfare of consumer
what is isoquant ?
What is the difference between GDP and GNP? Gross domestic product (GDP) is the value of the total final output formed inside a country, during a given year. GDP, like all mea
Efficiency of exchange
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