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Illustrates about the terms of elasticity?
• Definition of elasticity
a. Price elasticity of demand
b. Income elasticity of demand and
c. Price elasticity of supply
• Factors which affect the size of elasticities
• How elasticity influences the incidence of a tax, and that bears its burden?
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define production function output effect?
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why is international trade important for South Africa?
One of our clients is a major homebuilder in the Midwest. This company believes that sales of their new homes are highly correlated with business cycles in the overall US economy.
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