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why is the concept of elasticity crucial to the study of economics?
Explain how a floating exchange rate works and the variables which affect the rate. Define a floating exchange rate as the price of a currency (in terms of another or basket of
data of past 20 years regarding price, wage, employment, productivity, investment, profit or loss.
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the prevalence of excess capacity is the direct consequence of the existence of monopolistic competition
1. Go to the website for MarginalRevolution. Find">http://www.marginalrevolution.com Find two posts that related to microeconomic topics that we are covering and write about on
What is meant by dumping? Dumping is when a producing country dumps goods on foreign markets at a price lower than either the price on the home market or below the cost (HL: ma
reasons for and against free trade with foreign sector
explain abnormal profits and normal profits
Determine the Business Cycle and Classical Economists Business Cycle: The business cycle is the fluctuations in the rate of economic growth that take place in the economy. Th
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