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Advantages of Division of labour: Division of labour has advantages including the following: Development of Greater Skill by the Worker In division of labour, each
what is direct utility in micro economics?
explain how microeconomic and macroeconomic issues may be represented using the production possibility curve
1. A standard solution of potassium hydroxide (KOH) was prepared by dissolving 15g of KOH in 250.0mL of distilled water. (a) Calculate the concentration of this standard solution.
what is fixed and variable inputs with more explanation
Define law of supply. Quantity supplied rises as price raises, other things constant. In other words, "Other things being equivalent, when the price of a product rises, then s
Illustrate and explain the changing demand for big mac using the indifference curve and budget line.
There are six potential customers of computer games, each willing to buy only one game Consumer 1 is willing to pay $40, Consumer 2 is willing to pay $35, consumer 3 is willing to
"price is becoming cheaper,yet the demand for car is not rising".does it mean law of demand is not operative?
define statistics in plural and singular sense
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