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#question. what is the underlying reason for the law of increasing opportunity cost?
Explain in detail the concept of PPC with suitable eg.
Consider an economy with high innovative potential, but where saving is insufficient to fund innovative investments. Use Garrison's capital-based macroeconomics to explain how more
MRTS and Marginal Productivity The change in output from change in labor equals: The change in output from change in capital equals
what is fixed and variable inputs with more explanation
what are the factors causing oligopoly market?
Gains from International Trade: It leads to increased total world production of goods and services. International trade based on comparative cost advantage allows countries to
Production having Two Outputs -Economies of Scope * Economies of scope exist when joint output of a single firm is greater than the output which could be achieved by two diffe
derive demand equation
Determinants of Social Demand for Education Certain levels of education like the secondary school and graduate level are considered as having productive value and are attribut
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