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Q. Describe about Capitalism?
Capitalism: An economic system in that privately-owned businesses and companies undertake most economic activity (with the goal of generating private profit) and most work is performed by employed workers who are paid salaries orwages.
law
In the table below are given the output (X), T.C., and Price for a firm. Complete the following table, and then answer the questions at the bottom of the table. X T.C P=A.R
explain how a perfact market responds to changes in consumer demand?
a machine cost 18871.00 today. at the end of each year I own the machine & it gives me returns of 4,948.00 after paying repairs and maintenance. After 6 years, I expect to sell it
Market intervention by government Government intervenes in various degrees in different countries. Free economy is almost non-existent in the modem world. In real world, the form,
A potential investment project has the following stream of annual social (benefits minus costs), where you may assume the project starts with the capital payment of $12,000 on Day
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
arguments in favour and against of Theory of Profit Maximization
Consider an economy with three states. The following set of stocks is traded: x 1 =(2,2,0) x 2 =(1,0,3) x 3 =(0,2,4). The t=0 prices of these stocks are given as follow
a firm has fixed costs of $60 and variable costs as indicated at the bottom of this page. complete the table and check your calculations
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