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What is meant by labor force? In economics the labor force is the group of people who have a potential for being employed. Normally, the labor force having of everyone above
discus how opportunity cost influence supplier''s decision to supply labour
What are the uses of elasticity’s to the public sector and private sector?
Explain the meaning of the statment "coffee and tea are close substitutes".
Determine the indirect utility function in brief. Indirect Utility Function: The ordinary utility function, u(x), is described over the consumption set X and thus to as the
Using a graph of the compensated and uncompensated demand curves, show how the magnitudes of the CV, EV, and ?CS will be related to each other when there is a ceteris paribus incr
how can a consumer get maximum Equlbrim
use of diagram how the price mechanism operates to allocate scarce resources. use examples to illustrate the answer.
assumption of mariss model
GIVE AND EXPLAIN IN DETAIL,ARGUMENTS GIVEN TO EXPLAIN LEONTIEF''S EMPERICAL FINDINGS ON THE HECKSCHER-OHLIN MODEL OF TRADE.
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