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What two measures have been developed in recent years that subtract for the depreciation of both manufactured capital and natural capital?
The environmentally adjusted Net Domestic Product (EANDP) and the measure of Genuine Saving.
what do you understand by linear break-even point? in what way is it useful in managerial economics? what are the assumptions underlying the analysis?
Explain the importance of well-established property rights in the method of development. Definition of property rights should not begin and end with owning land and buildings b
This is a very common methods of forecasting demand. Under this methods a relationship is established between quantity demanded( dependent variable) and independent variables such
Around 2007, the world copper price was $2.00 per pound and 12 million metric tons per year was the quantity transacted. A) Assume copper’s demand elasticity is -.5 and supply elas
Mixed Economic System and how can this system solve the economic problem, with example?
discuss scarcity,choice and opportunity cost
INTERNATIONAL DEVELOPMENT ASSOCIATION: International Development Association (IDA) is an affiliate of the IBRD. It was established in 1960 to provide "soft loans" to economica
With the recession, average incomes have fallen from $44,375 to $41,720. Before the recession Groucho's Gizmos sold 600 gizmos a month. As an economics, predict the number of gizm
If the short run method to produce Q quantity is with full time workers L=0.025*Q, COST OF WORKER IN THE SHORT RUN IS w=20226.154, how do you derive the value of Q
Economic Ef ficiency The effort to making products and services in the least costly way without sacrificing excellence.
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