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How has the Harberler''s theory of opportunity cost an improvment over the classical theory of trade?
Case 1: The market for drugs Supply, demand, and equilibrium: The market for drugs. Suppose the market for drugs is a perfectly competitive market. Let the supply curve
How is the wrong conclusion result in necessary condition not in the sufficient condition? This is often heard that the market institution must not be used based onto the fact
using the tools of an indifference curve and isoquent, highlight on consumption and production in business economics.
what is wage?
PEST analysis Political factors: The political factors include laws and regulations in the market and this influences the market activities. These laws and regulations a
quasi rent theory
There are two individuals in town, one is high risk and the other is low risk.1 The probabilities of having an accident for the low risk individual and high risk individual are p
Perfect competition: Perfect completion refers to the market structure in which there are a large number of relatively small firms, each firm having freedom of entry into and
Xd(Px)=5000-100Px
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