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Question 1: The price of the good X rises from $1.30 to $1.40. Calculate the price elasticity of demand by using the mid-point method. Question 2: How do you explain the answer
Dependence on agricultural production: Dependence on agricultural production and primary product for exports. The external sector comprises Imports and Exports, Ghana shows de
if the inverse demand curve is p=120-Qand the marginal cost is const ant at 10 ,
what is the theory of second best ? prove the theorem with the help of a diagram .
Explain the importance of well-established property rights in the method of development. Definition of property rights should not begin and end with owning land and buildings b
calculate point elasticity of demand function Q=10-2p for decrease in price from Rs3 to Rs2
KEYNES' THEORY AND EXPECTATIONS : Expectations played a major role in Keynes' theory of the determination of aggregate output and employment in market economies in the short run
explain 6 factors that determine volume of production
ACHIEVEMENTS OF BRETTON WOODS INSTITTUTIONS: Some of the important achievements of the BW Institutions can be summarised as follows: 1) International reserves have increa
what are some of recent development in theory of demand
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