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Due Diligence
The investigative procedure an investor should conduct into the operations and business strategy assumptions of an organization soliciting investors.
Adding the economic activities of government to the circular flow model shows that: 1. Government spending creates inflation 2. Government purchases of goods and services,
1. Cost minimizing firms must be profit maximizing as well. False, why??
Example: The Value of Clean Air Air is free in sense that we do not pay to breathe it. Question: Are benefits of cleaning up air worth the costs? People pay extra to buy
Graphically illustrate how society decides on the number of police officers to hire
What is a Market? Markets A geographically stated area where buyers and sellers interact or communicate to decide the price of a product or a series of products. Marke
what happen when a supply shift to the right on a graph
Policies for Technological Advance Without better technology, increases in capital stock generated by investment rapidly run into diminishing returns. And without improvements
The price of a laptop increases by 20% and there is a 40% drop in the quantity demanded. What would answer be
Indirect Utility Functions: Let qi denotes commodity i and pi is the price of that commodity. Let y denotes money income of the consumer. Suppose vi = pi/y. The budget constra
Sources of Economic growth: Human resources: Investment in human capital is considered as an important factor for economic growth. This is done by increasing the quality of
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