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discuss whether marginal utility is a realistic piece of economic analysis in explaining consumer demand
Disadvantages of division of labour: Division of labour may also have disadvantages that may include the following: (i) Lack of Craftsmanship Division of labour does not m
Allocative Efficiency The production of products and services such that stages of production are closely tied to levels of customer demand.
concepts of suply
Effect of Gasoline Tax with Rebate Assume -Income = $9,000 - Price of gasoline = $1
Summary of Educational Planning and Economic Growth An economy with scarce resources and enormous needs and aspirations requires planning. This is true of the education sector
explain how macro and micro issues may be represented using production possibility curve
what is linear programming
In fall 2006, Pace University raised its annual tuition from $24,750 to $29,750. Freshman enrollment declined from 1500 in fall 2005 to 1110 in 2006. assuming the demand curve did
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