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Production: - Firms should choose how much of each to produce. - The alternative quantities can be illustrated by using product transformation curves. Product Transforma
differentiate between normative and positive statements in economics with the help of a statement
advantages and disadvantages
Q. Define Economies of Scale? Economies of Scale: Most economic production requires producing firm or organization to make an initial investment (in real capital, in design and
graphic
Direct Marketing This is a marketing tool designed to elicit instant action from the customer through direct contact.
Growth of Agricultural Production and Productivity: Post-independence period was marked by severe and recurrent shortages of foodgrains. Dependence on imports of foodgrains wa
Motives of regional financial institutions: There are mixed motives for the donor countries to provide development assistance to developing nations. While a desire for poverty
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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
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