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Explain what the natural rate of unemployment is.
It is necessary here to include a solid explanation based on economic concepts. The natural rate of unemployment is the rate of unemployment which exists when the labour market has cleared - leaving voluntary employment comprised of seasonal, frictional and structural unemployment. It seems obvious that a basic explanation of employment and labour force is essential here.
Marketing Economies: These are derived from the bulk purchasing of inputs and bulk distribution of outputs. A large firm is able to buy its raw materials in larger quantities
what is Microeconomics?
Differentiate between firm and industry. A firm is a business unit produced for the purpose of carrying out some kind of trading activity. The term "firm" is used in many ways
Economic appraisal - Appraisal , which seeks to quantify, and where possible calculate the welfare impacts from, the costs and benefits of a project or policy.
what happens when price is fix and there is a change of the supply and demand curve
What are the advantages and disadvantages of monopsony?
#limitations of time series analysis
Lab Exercise 1. Taco Del Mar has completed a study of weekly demand for its tacos in Washington State's regional markets. The study developed the following demand function: Q =
MRP Technique - Estimating the Level of Output for the Target Year Taking into account several parameters of economic growth such as past trends, present as well as proposed
types of cost
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