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Question 1: (a) Discuss the adjustment to an increase in demand for a perfectly competitive market in the: (i) Short run (ii) Long run (b) How would the same industry
what is the theory of second best?prove the theorm with the help of diagram?
Question 1: a) Describe the labour market Information. b) What are the basic factors that affect the labour market trend? c) Explain the influence of these factors on th
how do i use the grid technique to determine the least cost
discuss african traditional methods of production and processing of food
explain and illustrate the changing demand for big mac using indefference curve and budget line
explain the concept of producers'' equilibrium
• Production Function . The factors of production have to be combined in a particular manner to produce a certain product. Think of baking a cake which involves mixing fixed propor
uses of time series in Indian Economy?
The functions of money include; (1) medium of exchange, (2) store of value, and (3) a calculate of worth. Due to money is acceptable as a form of payment for all commodities,
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