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how does the concept of possibility production curve aplicable in real life?
What are the determinants of income elasticity of demand? There are three determinants of income elasticity of demand. These are: Degree of necessity of a good: In a developed
The price of a laptop increases by 20% and there is a 40% drop in the quantity demanded. What would answer be
In June 2009, Textile co. (a domestically located firm) purchased 1000 yards of cloth from India (a foreign country) for $1000. Textile co. hired Elizabeth and paid her $5000 to s
if a bank has $6000 in checkable deposits and the required reserve ratio is 0.2 then the bank can lend how much money?
You've been contacted by a local semi-professional team in Colfax, known locally as the Colfax Thunder. They play their home games at the HS baseball park for only $100 per month.
example of cournot model
Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4
It is clear that monopsony in the labor market is not steady with allocative efficiency and has the effect of withholding significant amounts the employees' MRP from them, that bec
A farmer produces maize according to the following production function Q m = AK 1/3 L 2/3 Where Q m is output of maize, A = land, K = capital and L = labour Given that
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