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Fixed input and variable input: A fixed input is that input whose quantity cannot be varied in the short-run when demand conditions require an increase or a decrease in produc
If the price of that cup of teh-tarik has increased in such an amount,economists may not necessarily conclude that the country is going throungh inflation.why is that so?
What are the advantages of trade surplus
methylcyclohexene + HI by the catalyst of H3PO4
What are the important functions to maximize total surplus? The market equilibrium maximizes total surplus since the market performs four significant functions are as follows:
Welfare Analysis 1-Of the following four institutions for allocating apartment to different people at different prices i. The competitive market ii. A discriminatin
what is The most important source of oligopoly?
Graphically illustrate how society decides on the number of police officers to hire
elasticity of demand
what are the recommendations for effective economic planning?
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