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what happen when a new resources has been discovered for computer
What are the most important challenges that economists try to address? (ii) What is the role of government in a market based economy? (iii) Who are the main economic players and w
if the marginal production of labor is rising, is the marginal cost of production rising or falling? Briefly explain
I purchase a used stove for $155 when I was willing to pay $185. If a new stove costs $375,what is my consumer surplus
What is economics about? Economics: Economics is a social science which studies individuals’ economic behavior, economic phenomenon, ands also how individual agents, as like
WHAT ARE THE COMPONENT OF ECONOMICS
What is main difference between nominal money supply and real money supply? Real money supply is the supply of real money in the economy. Real money is supplied considering th
The process of production needs several inputs. These inputs are known as the factors of production. In most cases, firms own some of the factors of production while some have to b
Why some country saving less and consumption more?
1. Sam Smith owns an internet radio company that has subscribers in Houston and Dallas. The demand functions for the 2 markets are: Q(Houston) = 50-0.35P(Dallas) Q(Dallas) = 80-0.
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