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discuss the implications of various market structures(competitive and non-competitive)for price determination
types of market competitions
what are jobs of the department of justice and the federal trade commission in business pratices.
Explain the term economic efficiency? Answer: Economic Efficiency means full utilization of all available resources in economy i.e. to produce the needed amount of goods and
Question 1 Identify the basic postulates of economics Question 2 Discuss the role of price mechanism Question 3 Explain the shape and application of Engel curve
large firms charge the price which is higher than the small firms, contruct the diagram
what is basing point
National Income Determination: National Income Determination deals with what determines the size of a nation’s national income. The size of a nation’s national income is deter
How does a per unit tax affect consumer surplus.
Determinants of investments: Expected Rate of Return: Investment spending is guided by the profit motive; thebusiness sector buys capital goods only when it expects such
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