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suppose either computers or televisions can be assembled with the following labor inputs: units produced: 1 2 3 4 5 6 7 8 9 10 total labor used: 3 7 12 18 25 33 42 54 70 90 Draw th
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in aid of a diagram explain the concept of diminishing returns in production
discuss whether marginal utility is a realistic piece of economic analysis in explaining consumer demand
Black or underground or illegal economy: Black or underground or illegal economy has to be conceptualised as an integral and growing part of a variety of economies which emerg
Q. Asymmetric Information - Insurance Markets? In the United States, health insurance is usually provided for employees through contracts between the insurance company and thei
using the marginal utility approach discuss how economic theory explains the optimum pattern of consumption for an individual consumer
prove that marginal utility of x=the price of commodity x.
Explain externality, how can government intervene to achieve allocative efficiency in case of external cost or external benefit? Answer The term externalities refers to bot
how to write an half equation
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