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Government increases the taxes on car ownership. Explain the possible market outcomes of such a decision. As this is a tax paid by owners, and therefore not levied indirectly
The accountants keep all the business transactions and records of a sole proprietorship separate from the business owner''s personal transactions and For legal purposes a sole prop
Discuss MO theory in detail?
why diminish MRS?
If producers expect future prices to enhance, current supply will decline in favor of selling inventories at higher prices later. In other words, supply will reduce (a shift to th
1. What are the uses of elasticity to the public sector and private sector? (20 marks)
fig2.3 elaplanition of sales maximisation
Effect of Gasoline Tax with Rebate Assume -Income = $9,000 - Price of gasoline = $1
limitation of kaldor hicks in compensation test and welfare criteria
Types of unemployment: Frictional Unemployment: -It refers to unemployment caused by changes in individual labour markets.This is the type of unemployment resulting from peop
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