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what is free market?
what is non- collusioligopoly and how its price and output is determined
The price of petrol fell during the past year. a. Explain why the law of demand applies to petrol just as it does to all other goods and services. b. Explain how the substitu
study on internet will impact on gdp
illustrate graphically the influence of an increase in immigrants on the market supply of labour
Can marginal cost be constant? If so, does this mean that marginal cost are equal to average variable cost?
1. Suppose we observe that the price of soyabeans goes up while the quantity of soyabeans sold goes up as well. Use the supply and demand curves to illustrate two possible explanat
The prevention of major swings in economic activity can be handled most easily by the
Allocation Function The shifting or reallocation of production property into or out of markets based on shifts in prices for the products or services produced in that market.
illustrate and explain the changing demand gor big Mac using the indifference curves and budget line
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