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Assume that the market for lamb is perfectly competitive. Using an appropriate model (or models) illustrate and explain a. How a competitive market arrives at equilibrium
Problem: (a) Distinguish between fiscal and monetary policy, giving examples where appropriate. (b) Explain how fiscal and monetary policies might be used by a government
what is pure competition markets?
the difference between an lc3 and other types of businesses is that
suppose you have a coffee shop. list of fixed input and variable input for operating the shop
project work
risk describe,prefrence towards risk,the demand for risky assets.consumer behaviour under asymmetricinformation
Point elasticity: It refers to measurement of elasticity on a point On a demand curve. Point elasticity helps in measuring elasticity where change in price and quantity is infinite
Ask question #Minintroduction to recent development in demand theory
types of production function
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