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Short run production period and long run production period: The short run is a period of production during which some factors of production are fixed and some too are variable
1. Explain externality, how can government intervene to achieve allocative efficiency in case of external cost or external benefit? 2. Explain oligopoly's structure and use game t
IS Mn3O4 basic or amphoteric.
Explain the Demand Pull Inflation Demand Pull Inflation: Occurs when aggregate demand exceeds aggregate supply. If there is an excess level of demand in the economy, this w
Is Nigeria''s census accurate?
Strong Domestic Economy: We have to realise that healthy export sector can be built up only on a strong and efficient domestic economic structure. A sound domestic economy is
I need help finding the future worth given the initial investment, MARR, and profit over a period of time.
Cross-Price Elasticity of Demand is explained below: Cross price elasticity of the demand is the percentage change in the quantity demanded of a particular good, with respect t
what is a perfect competition and how does it differ from monopoly?
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