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If a minimum wage were imposed below the competitive equilibrium what would we expect to observe in the effected labor markets?
WHAT ARE ROLE AND ASUMPTIONS OF ECONOMIC THEORIES
Williamson’s Model of Managerial Discretion
if sabela can afford 4 trousers and 4 pairs of shoes.she could also use her entire budget to buy 8 trousers and 2 pairs of shoes.if the price of a trouser is 500 birr,how much is s
maximum profits will occur at the output level
Risk Loving - A person is a risk loving if they show a preference toward the uncertain income over a certain income having same expected value. Examples: Gambling, some
Paradox of Thrift: An individual household, governmentor business may attempt to save money by reducing their current expenditures. Though those attempts to save, once amalgamated
illustrate and explain the changing demand for big mac using indifference curve and budget line
Wholemark is an Internet order business that sells one popular New Year greeting card once a year. The cost of the paper on which the card is printed is $0.50 per card, and the cos
The owner of the sole stage-theatre in the city of Vordervilla has found through experience that the cost of running his 600-seat theatre remains virtually the same irrespective
Nations trade what they produce in excess of their own consumption to:
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