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what is the basis of marginal utility
Discuss whether inflation or deflation is the more serious problem for an economy. Inflation is a consistent general enhance in the price level, whereas deflation is a consiste
Discuss about the evaluation step in analytical frameworks. Evaluations: The fifth step into studying an economic step is to estimate outcomes resulting through the under
When is the economic theory useless? One misunderstanding is to under-estimate the role of an economic theory. Several people thought an economic theory useless since they thin
Explain the importance of well-established property rights in the method of development. Definition of property rights should not begin and end with owning land and buildings b
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how to calculate tc,tvc,tfc,afc and mr
A trust is build to acquire shares in organizations for subsequent allocation to employees over time by time.
Consider the following duopoly with differentiated goods where x 1 and x 2 denote the amounts of the goods 1 and 2 respectively, with prices p 1 and p 2 . The demand funct
when total production fall what,s the status of average product and marginal product
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