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What is the difference between 'concept' and 'assumption'? These two terms are very dissimilar. The term 'concept' refers to an idea or abstract principle. For instances, forc
In the following article , I want you to comment on the type of market structure and whether Kinked Demand apply and what will possibly be the market share for GM and VW? ""In case
illustration for demand of big macs using indifference curve and budget line
The compact disk player has literally revolutionized the recording industry with its state-of-the-artclarity, sound, durability, and the fact that it costs less than cassette tape
what are the properties of cob-douglas production function
construct your own version of a production possibility curve and use it to explain scarcity, opportunity cost and choice
what is golloping inflation
demand elasticity in urdu
What is Modern Economics? Modern Economics: Modern economics mostly developed within last sixty years, methodically studies individuals’ economic behavior as well as econo
when total production fall what,s the status of average product and marginal product
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