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explain how scarcity impacts choice 2.expain the three steps process in economic analysis
illustrate and explain the changing demand for big mac using indifference curve and budget line
arguments in favour and against of Theory of Profit Maximization
Individual Assignment ECO101 - PRINCIPLES OF ECONOMICS electronic submission via Moodle 6 Questions 100 marks (15% of total course) All questions should be attempted. 30-50 w
What is the difference between decreasing marginal returns and negative marginal returns?
factor influencing quantity supplied
how to find pareto efficient output using algebra
three marginal conditions of pareto optimality
1. What are the uses of elasticity to the public sector and private sector? (20 marks)
Special Drawing Rights: The late 1960s witnessed that the growth in world resources did not keep pace with the growth in international trade. The slackness in the growth of re
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