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what is the theory of second best? prove the theorem with the help of a diagram.
please can you explainn what "down 0.1 percentage point on the quarter means"?
Explain how the price system eliminates a shortage. A deficiency means that quantity demanded is greater as compared to quantity supplied. This will lead to upward pressure on pr
Why Average Revenue= Marginal Revenue
hi i need price,cross and income elasticity of toyota corolla car. its only small part of the assignment topic so its need around 500 words. thanks ishwor
Rationale for government intervention There are six major functions the government can perform in an economy. 1. The government provides a legal and social framework within which
Two firms, A and B, are planning to bid for a contract of Motorway extension in Mauritius. Suppose: (1) firm B is a newly established company and has already incurred a st
What are the advantages of using mathematics in Modern Economics? Many of the advantages of using mathematics are as follows: a. The “language” used and the explanations of
Briefly discuss the components of macroeconomics system with suitable explanation
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.
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