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explain how microeconomic and macroeconomic issues may be represented using the production possibility curve
explain how a perfact market responds to changes in consumer demand?
give me three exceptional supply curves
Q. Explain General Equilibrium? General Equilibrium: Neoclassical economics presumes that production, employment, investment and income distribution are all determined by a con
#q The price of a laptop increases by 20% and there is a 40% drop in the quantity demanded. • The price of a pack of cigarettes increases by 10% and there is a 5% drop in the quan
waht are the characteristics of perfect competetion market
1. Discuss how banks make money, and are structured in respect to Asset, Liability and Capital Management – give examples.
write characterstics of duopoly
Elastic and Inelastic Demand can be understood as follows: Slope and elasticity of demand have an inverse relationship between them. When slope is high elasticity of demand bec
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