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Explain in detail the concept of PPC with suitable eg.
Why is the concept of scarcity relevant to both LDC s and MDC s? All societies throughout time have wrestled with the basic economic conundrum of having needs that cannot be me
why does gap between the ATC curve and the AVC curve decreases as the level of output increases
Attitude towards Risk: Let's assume the following: The utility function • has the single argument "wealth" measured in monetary units, • is strictly increasing, and
explain abnormal profits and normal profits
Should the bank not have anyone to lend the demand deposit to (like that will ever happen) would the size of the money multiplier decrease? If so, why?
what are the advantages of monopsony?
describe who gets hurt in a recession, and how.
how can I execute this topic in new way of teaching? That will focus on activity base and art of questioning that will answer by the students?
Interest rate sensitivity can also be understood from another perspective. The total cost of a commodity is not just its price, but also what must be paid to borrow money to purch
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