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What is meant by minimum wage? The minimum wage is the minimum rate a worker can legally be paid (usually per hour) as opposed to wages that are examined by the forces of sup
discus how opportunity cost influence supplier''s decision to supply labour
study on internet will impact on gdp
Functions
What is third degree price discrimination? Explain with case analysis,give two successful & unsuccessful cases of 3rd degree price discrimination.
The price of milk is usually much less expensive in a grocery store versus a convenience store. Using economic terminology, explain why people purchase milk at convenience stores.
williomson''s model of managerial discretion
Indirect Utility Functions: Let qi denotes commodity i and pi is the price of that commodity. Let y denotes money income of the consumer. Suppose vi = pi/y. The budget constra
SUMMARY OF THEORY OF PRODUCTION
why does the quantity of salt tend to be unresponsive to changes in its price
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