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On Valentine's Day, the price of roses increases by more than the price of greeting cards. Why? (Hint: Consider what makes roses and cards different and how that difference might
using necessary and sufficient condition explain consumer surplus diagrammically and mathematically?
economic problems are faced by all types of economies but they are dealt with differently in different types of economies.discuss
INFO: Suppose that a firm is currently employing 20 workers,(the only variable input), at a wage rate of $60. The average product of labor is $30, the last worker added 12 units to
use of diagram how the price mechanism operates to allocate scarce resources. use examples to illustrate the answer.
how to solve Min (x+y/2, 2y+x, 3x)
I have a chemistry project which is title: "combating desertification" so I have to come up with a practical solution to stop desertification or limit the spreading of deserts.. Is
1. On Wednesday the 16 th , 2008 an enormous avalanche knocked out the lines that transmitted electricity from a hydroelectric dam to Juneau, Alaska. This eliminated Juneau's prima
illustrate and discuss the implications of various market structures (competitive and non competitive) for price determination
Define Nash equilibrium
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