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explain how macro and micro issues may be represented using production possibility curve
Marginal revenue: Marginal revenue is the change in total revenue with respect to a change in quantity sold. That is, it is the change in total revenue that results from the s
#question. what is the underlying reason for the law of increasing opportunity cost?
different btn elesticity of demand and inelasticity of demand
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what is the explanation about supply analysis?How to understand?
Question: (a) Using an example, differentiate between private, social and external costs and benefits. (b) With the use of a diagram, describe the difference between profi
if coast of good A fall by Rs.1 & coast of good B increases by 1 Rs. what will be the effect on budget line
shows teh steps in unitary mehod
Participation Rate:Proportion of working-age individuals who decide to ‘participate' in the labour force, by either being employed or actively seeking work. Precise definition of w
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