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It is important to understand the important characteristics of monopolistic competition. The knowledge of these features will enable the students to know how this form of market st
U+v, UV, u/v
#1 explain with the aid of diagram the effect of an increase in demand for palm oil on the equilibrum position for palm kernel
During the 1990s, technological advance reduced the cost of computer chips. Explain, with the use of supply and demand diagrams, how the following markets are affected in terms of
what is rational decision and why it requires one''s choices be consistent with one''s goals?
discuss scarcity,choice and opportunity cost
What is the Macroeconomics? Macroeconomics is study about the aggregate behavior of the economy like how the actions of all the individuals and firms within the economy intera
1. Suppose the banking system has reserve of $750000, demand deposits of $2500000 and a reserve requirement of 20%. a. if the fed now purchases $125,000 worth of govt bonds from t
Ask question what is frugal economy
law of diminishing marginal returns does not hold then output of the world can be produced in a flower pot. Explain?
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