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Is there an optimum population size for a country?
Optimum (best) population arises while productivity that is output per person is highest.
• An under-populated country can raise productivity by raising its population.
• An over-populated country can raise productivity by decreasing its population.
Explain about the term Traditional Economy. Traditional economy: It is where decisions regarding what, how and for whom to produce are based onto tradition and custom. A
How do i come up with a project based on the above topic
Why might the point at which the long-run average cost curve levels out change over long periods of time? include a diagram.
explain the role scarcity of resources plays in economic decision making
MC=25+30Q-9Q^2 fixed cost=55 find total cost avarage cost variable cost
What does Rostow predict? For Rostow: • Savings and capital accumulation (formation) are central to the procedure of growth therefore development • The solution to de
Question: (a) Discuss the conditions necessary to achieve Pareto Efficiency. (b) Competitive markets are generally assumed to lead to a Pareto optimal allocation of resource
(a) Name three types of government interventions and 3 economic factors affecting the business environment and with given example explain how these affect the business environment.
How much power or influence does a U.S. President versus a company CEO actually have in a free enterprise system, when it comes to producing jobs or the decision to manufacture co
What is dual economy and development in an economy? Development in an economy: Differentiated or uneven development arises while the benefits of growth are not shared ev
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