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National income: The national income or product or expenditure provides a measure of total value at factor cost of final goods and services, which are available either fo
Monopolistic Competition and Oligopoly: It was recognized that most industries exhibit the features of monopolistic competition in real-life. However, it must be pointed out t
Uses of Balance of payments account: It removes the uncertainty associated with the flexible exchange rate regime and brings stability. It also indirectly imposes some anti inf
What is paramagnetic?
The government has undertaken a highway bridge project that was originally projected to cost $2 million and provide benefits of $2.5 million. Unfortunately, the costs have been mu
illustrate graphically the influence of an increase in immigrants on the market supply of labour
Question 1 (9 marks) During the 1990s, technological advance reduced the cost of computer chips. Explain, with the use of supply and demand diagrams, how the following mark
How much does it cost
characteristics and models of oligopoly by Sweezy,cournot and edgework
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