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Explain the graph as their is an increase in income
explain the concept economies/diseconomies of scale and minimum efficient scale
#questThe demand for and supply of labour in a certain industry are given by the equations Nd = 400 - 2w Ns = 240 + 2w Where Nd ( is the number of workers employers want to hire
on what grounds is consumer surplus criticised?
explanation of sources of finance to business enterprises in Nigeria
Think about the demand for the three popular game consoles: XBox, PS3, and Wii. What is the effect on the demand for XBox games and the quantity of XBox games demanded if, other th
What is the theory of Second Best? Prove the theorem with the help of a diagram.
the diagram used to illustrate of abnormal and normal profits
Average Fixed Cost (AFC): AFC is the fixed cost per unit of output. AFC = TFC/y Since the TFC is constant throughout the short run, as y increases AFC will decline. Therefore
Differentiate between oscillation and damp cobweb model
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