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What is the purpose of the IMF and why might the IMF be called the “lender of last resort”? Discuss how three of the tools they use for establishing economic stability in a country
if the price of labour is 2000 per hour and the price of capital is 1000 per hour.is there an efficiency point of production.
Tom's pizza sells for $ 5.00 ea and serves an average of 425 customers per week. During a recent sale, Tom lowered the price to $ 4.00 per ea. Sales increased to 500 customers duri
Price elasticity is used in economics to determine the changes in price of goods and services. It measures the change in price demanded and quality supplied. Determinants of pri
A firm in a perfectly competitive product market takes the price of the product as given. Similarly, a firm in a perfectly competitive factor market takes the price of the factor
The Concept of Money: Money or paper currency serves three functions in any case: it is the medium of exchange, a store of value and the unit of account. Before paper money was
ExplainBainlimitpricetheory
What is the theory of Second Best? Prove the theorem with the help of a diagram.
how can I execute this topic in new way of teaching? That will focus on activity base and art of questioning that will answer by the students?
equation for a demand curve is p=2/q. what is the elasticity of demand if price falls from 5 to 4
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