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explain nature of microeconomic
Division of Labor The occupation or breaking down of jobs into simple and repetitive responsibilities.
different types of production funtion and curve given by different economist
Economic Cycle The economic cycle is the long-standing sample of alternating times of economic growth (expansion) and decline (recession), followed by changing economic indica
Economies and Diseconomies of Scale -Economies of Scale Increase in the output is greater than increase in the inputs. -Diseconomies of Scale Increase in the
the conclusion
how to write an overall introduction about gdp?
Indirect Utility Functions: Let qi denotes commodity i and pi is the price of that commodity. Let y denotes money income of the consumer. Suppose vi = pi/y. The budget constra
explain the central problem of economy with production possibility curve?
what are the factors influencing supply
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