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Disposable Personal Income
The amount of cash remaining after taxes are removed that an individual has the opportunity to spend.
causes for emergency of monopoly
How might a firm in an oligopolistic market attempt to increase market share? Explanation of oligopoly; concentration ratio, producer sovereignty Explanation that oligopolie
What are the uses of elasticity’s to the public sector and private sector?
Consumer Choice * Decision making & Public Policy - Selecting from a non matching and matching grant to fund police expenditures
Since 1990, real income has increased rapidly , yet the average number of children per family has decline ." Three possible explanations for this process are given below.
Market equilibrium happens where supply equals demand (supply curve intersects demand curve). An equilibrium implies that there is no force that will cause further changes in pri
explain the relationship between scarcity,choice and opportunity cost
use a graphical illustration to describe briefly what the influence of each of the following be on the market supply of labour,(a) an increase in immigrants, (b) a reduction in wag
what are the factors influencing supply
Let {(y i ; x i ); 1 ≤ i ≤ n} be an i.i.d sequence of random variables where yi and xi satisfy the linear relationship y i = β 0 + β 1 x i + ∈ i with Cov(x i ; ∈ i ) = 0
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