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how does the concept of possibility production curve aplicable in real life?
Qdx=-30p+0.10+4pr+4t
sir explain me about all things of microeconomics
who is a rational producer?
example of marginal opportunity cost
how is price and output equilibrium determined in Williamson''s model of managerial discretion?
1. What are the uses of elasticity to the public sector and private sector? (20 marks)
Protection of infant firms: Infant industries are those firms, which are young. The absence of economies of scale to them makes their unit cost of production higher than older
Is economic development is based on goverment Many governments--mainly unelected governments-aren't that interested in economic development. Giving valuable industrial franchis
Discrimination: As a result of sexist and racist attitudes and deliberate efforts of employers to oppose groups of workers against each other, different groups of people (divided a
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