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1. Formulate and record possible research project outline specifications (you are expected to explain your choice of research question, the aims and objectives of the research, and
Most studies of firms’ long run costs have found that average costs decline as firms produce increasingly larger output levels (economies of scale), such as for automobile firms. H
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what factors affect the volume of production in an economy
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how does occupation affect the size of labour force
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How do economists differ from accountants in the use of the term profit ? Definition of rev and accounting costs Explanation/outline of opportunity costs, for example
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