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data of past 20 years regarding price, wage, employment, productivity, investment, profit or loss.
Advocacy of Globalisation: In support of the movement for globalisation, the following arguments are put forth: i) Globalisation promotes foreign direct investment and, thu
Protection of infant firms: Infant industries are those firms, which are young. The absence of economies of scale to them makes their unit cost of production higher than older
Difference between accounting profit and economic profit: The difference between accounting profit and economic profit is that economists include in total cost of production b
When the price of candy bars increased from $.45 to $.55 the quantity demanded changed from 21,000 per day to 19,000 per day. In this range the price elasticity of demand for cand
What is the impact of microeconomics on economy?
A monopolist''s demand curve is P=100-2q. find his MR function. at what price is MR zero
assignment of demand thorey
Define the term “cross elasticity of demand” (2 marks) Price of commodity X (SH) Demand for commodity X (Units) 12 80 16 100 20 120 24 140 28 160 d) The following data relate to a
Government increases the taxes on car ownership. Explain the possible market outcomes of such a decision. As this is a tax paid by owners, and therefore not levied indirectly
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