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Illustrate and explain the changing demand for big mac using the indifference curve and budget line.
would a rational producer be concerned with the average or marginal product of an input in deciding whether or not to hire the inputs?
Comment on the current account trend since 2013 till 2015
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Q=10-2P,PRICE DECREASE FROM RS 3 TO 2
Differentiate between real and nominal variables. In economics, the distinction among nominal and real numbers is often made. Nominal variables -- like nominal wages, interest
explain the main criteria for classifying firms into industries.which criteria serve the better and why?
Define the generality of economic theory in the modern economics. Generality of Economic Theory An economic theory is based onto assumptions imposed onto economic environmen
Differentiate between nominal and real exchange rate. Nominal exchange rate is the rate which actually prevails in the foreign swap market. The real exchange rate is the rate
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