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construct your own version of a production possibility curve and use it to explain scarcity, opportunity cost and choice
define real and nominal wages
example of cournot model
draw the supernormal curve
the general characterictics of economic models,its limitations and verification
illustrate and explain the changing demand gor big Mac using the indifference curves and budget line
how pp curve can solve the central problems of an economy?
5 stratgies that can be used to regulate skilled labour in developing countries
Area of Dominant Influence (ADI) The ADI is a geographic area made up of all over the world that receive signals from radio and television stations in a individual market.
Non-Tradable:Some products can't be transported over long distances or otherwise sold to consumers from far-off locations. These products (including some goods as well as most serv
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