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(a) Using the basic concept of price elasticity of demand for his product, describe how the producer may raise his total revenue. (b) With reference to an initial set of marke
General Agreement on T arif fs and Trade (GATT) A multilateral treaty, the basic goals of which are: (1) to liberalize and promote world trade via multilatera
what is money supply
Explain how the economic theories applied in business economics
(a) Name three types of government interventions and 3 economic factors affecting the business environment and with given example explain how these affect the business environment.
1. Why does the quantity of salt demanded tend to be unresponsive to changes in its price?
What is Unbalanced Growth theory? Unbalanced growth shares analysis along with balanced growth theorists which free markets cannot produce development. Planning of government
who is the proponent of theory of economic rhythm?
what are the resources of economics development
what are the pricing policies
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