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Explain the concept of externality in economics? Give one example of a positive and a negative externality in Australia.
Q. Explain the Short run production function? Discussion of production up to now has ignored the time required to build production facilities. There is a requirement to take in
Causes There are a number of explanations of the business cycle but changes in the level of investment seem to be the most likely. In the simplest Keynesian model an increase
discuss the validity in zimbabwe of the grounds on which the profit maximising model of the firm has been defended
excise tax and its impact on manufacturing industry with respect to demand and supply curves
Q. What is Data mining? Data mining: Data mining is the process of extracting patterns from data. Data mining is seen as an increasingly important tool by modern business to
The acme paper company lowers its price of envelopes (1000 count) from $6to $5.40.
Give some examples for marginal and incremental principle
Marris constraints of growth maximisation
Short-Term Policies Deflation is a policy of reducing expenditure with the intention of curing a deficit by reducing the demand for imports. This reduction of expenditure m
OBJECTIVES OF GOVERNMENT Government policies are required in market economies to achieve certain goals. There are broadly two types of government policies viz; Microeco
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