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Q. Explain abput Capitalist Class?
Capitalist Class:Group of individuals (which represents just a couple of percent of population in advanced capitalist countries) which controls and owns the bulk of private corporate wealth, and as a result faces no compulsion to work in order to support themselves.
what is the assumption of the model ?
Production: - Firms should choose how much of each to produce. - The alternative quantities can be illustrated by using product transformation curves. Product Transforma
1. Suppose the wage rate is w = 1. An agent is working 6 hours per day and consumes 5 units of goods per day. Suppose that the agent claims to be indifferent between his current
how do oligopolistic market and monopolistic competition react to change in demand and supply ?
a more simple explanation of the group equilibrium in the short and long run
Floating exchange rates There are two basic systems that can be used to determine the exchange rate between one country's currency and another's: a floating exchange rates (al
leat cost factor combination
Government Spending Wagner's Law of economic activities applies to every economy. According to this law, there is both an extensive and intensive increase in government activit
HOW TO REDUCE SMOKING USING INDIFFERENCE S AND BUDGETLINE
whit is mean super normal profit
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