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Using commodities as an example, explain the factors influencing the PES for such goods. The basic determinants of PES are time span included and the availability of producer s
Time Value of Money The time value of money is the price or value placed on time. It is commonly thought of as the opportunity cost related with a particular investment. Money
Explain why subsidies to domestic firms act as a trade barrier. A trade barrier is broadly explained as any market intervention whereby the ratio of price of exports to price o
When Alex's income increased from $3,000 to $5,000, he increased his consumption of bagels from 4 to 8 a month and decreased his consumption of donuts from 12 to 6 a month. Calcula
How many half-lives are required for the concentration of reactant to decrease to 1.56% of its original value?
what is dynamic and static multipler
Critically examine recent developments in demand theoryon #Minimum 100 words accepted#
using the tools of an indifference curve and isoquent, highlight on consumption and production in business economics.
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What is the difference between houehold and consumers?
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