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Demand Function The function capturing the dependent relationship between the price people are willing to pay for products or service and other factors related to that product
1- Suppose the economy is currently in recession, and the exchange rate if fixed using the IS-LM model. a) explain and illustrate the economy adjustment ( in the medium run)
Learning curve implies: 1) The requirement of labor falls per unit. 2) Costs will be high at 1 st and then will fall with learning. 3) After eight years the labor requ
What are the economies and diseconomics of scale?
#question.using a well illustrated diagram, explain the concept of producers equilibrium .
1. Econ 415 Project Select one time series of real data. The series can be selected from the published data ( http://research.stlouisfed.org/fred2/). The data series must co
Explain the difference between a change in quantity demanded and a change in demand. Change in quantity demanded" refers to movement with the demand curve. For instance, if th
can achiral molecules refract light?
why we study micro econmics?
prove that the utility approach and the indifference curve yield the same consumer equilibrium.
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