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Why do demand curves generally slope downward? The demand curve slopes downward because in general, the higher the price of the good, the fewer people will need to buy it.
explain the relationship between scarcity,choice and opportunity cost
Managerial theories of the firms
RECENT DEVELOPMENT IN DEMAND ANALYSIS: For many years economic theorists analysed the optimal behaviour of consumers while econometricians estimated consumer demand and expend
#question.theories of cost
definetion of pricing thery
Which firm has the greatest minimum efficient scale?
choose a topic from microeconomics that matters to you and find a recent news article covering that topic?
Draw a diagram to show the type of bond between two flourine atom
The price at which output is sold in a perfectly competitive market is determined by
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