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meaning of economics laws
what happens when price is fix and there is a change of the supply and demand curve
implications of varios market structure for price determination
Economies of Scale The reduction in the cost of each additional unit produced as all factors of production increase. Factors contributing to economies of scale include discoun
what are the properties of marshallian demand function
what is the importance of law of supply
STRUCTURE OF NATIONAL INCOME: The structure or composition of national income of an economy explains the relative significance of the different producing sectors in an economy
If a minimum wage were imposed below the competitive equilibrium what would we expect to observe in the effected labor markets?
First Degree Price Discrimination - The monopolist sells different units of the commodity at different prices which differ from person to person. Second Degree Price Discriminat
Balance of payments account: The foreign exchange market is an organizational setting within which individuals, business firms, banks etc buy and sell foreign currency. It has
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