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What is the explanation for SAC to be tangent to LAC?(In other words, why must both be tangent to each other)?
Transactions demand for money: Transactions demand for money represents cash balances held by economic agents in order to carry outordinary everyday transactions.For example,
what is ratios GNP? what is use of models in macroeconomics?
Explain how diminishing returns differ from diminishing returns to scale. The answer should clearly distinguish among SR (one or more factors are fixed) and LR (where all facto
A trend line can be fitted through a series graphically. Old values of sales for different areas are plotted on a graph and a free hand curve is drawn passing through as many point
Analysis of business portfolio by using Boston Consultant Group (BCG) Matrix.
what are the charecteristics of capita
With the aid of a diagram explain the long run average cost curve and the influences upon it.
State trading is often associated with canalisation. Canalisation means estaolishment of state monomply in foreign trade. In other words, an item that is canalised can be imported
AVOGADRO''S HYPOTHESIS In equal volumes of gases including all under similar conditions of temperature & pressure keeps equal number of molecules. Avogadro''s law and Applicatio
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