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How do economists differ from accountants in the use of the term profit ?
Definition of rev and accounting costs
a) foregone interest
b) foregone wages
c) risk premium
what makes other individuals save more than others
What are state approaches to developing? The government supposes responsibility for economic planning to attain the best possible utilize of scarce resources. An economic plan
Question 1: The triple concepts- globalisation, good governance and democracy- have largely dominated international discourse since a long time. (a) Briefly explain the ter
How does economic system influence the development process? The development experience of free market or capitalist and command as socialist/communist countries is extremely d
#question.#quesExamine the expenditure trends over the last 40 years. What are the direction and magnitude of changes in spending in and between these various categories (with the
WHAT IS OPPOTUNITY COST?
how the concept of elasticity used for policy formulation
Procedure for export under deferred paymet
VARIOUS DEFINITIONS OF UNEMPLOYMENT
1. (classical monopoly pricing) A monopolist faces a demand curve q (p) = 100 p: (a) If its cost function is C (q) = 2q; what is the optimal level of price and quantity? (b
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