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Ask quesIn your own words describe how a market would adjust in situations of: a) Excess Demand b) Excess Supply c) Equilibrium As a follow up you might think about what effects
Before explaining returns to scale it will be instructive to make clear the distinction between change in the scale and changes in factor proportions. The difference between the ch
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If, for a specific project alternative, the discount rate equals the Internal Rate of Return, then the (discounted) Benefit Cost Ratio will equal unity (i.e., BCR=1.0). Define I
what is micro economics
PLEASE GIVE ANY ONE TOPIC OF ECONOMIC WITH ANSWERS
what are things you need to look in manner of functions,elements,purpose,types and definitions?
explain the main criteria for classifying firms into industries.which criteria serve the better and why?
write about the origin of sylos labini''s limit pricing model
MEASURES TO PROMOTE GROWTH: In view of the recent global experience, the following steps need be taken to accelerate the rate of growth. 1) Mastering and constantly improv
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