Explain supply of the commodity, The law of supply is that producers will s...

The law of supply is that producers will supply more the higher the price of the commodity.  The supply curve is an upward sloping function showing a direct relationship among pric

Problems and its solution of microecnomics, #question#.problems and its sol...

#question#.problems and its solution of microecnomics

Why is human capital so important in the development process, Why is human ...

Why is human capital so important in the development process? Explain human capital in terms of (the sum of) education/training/experience/ literacy etc, and clearly show how t

Production with two variable inputs, Production with Two Variable Inputs ...

Production with Two Variable Inputs *  There is relationship between productivity and production. *  Long run production K& L are variable. *  Isoquants analyze and compa

#title•The price of a laptop increases by 20% and there is a,

Current daily status(cds), Current Daily Status(CDS): The reference pe...

Current Daily Status(CDS): The reference periods (i.e. a year, a week and a day) are basically used to describe the period for which the workers are employed in the economy. T

Types of elasticity of demand, types of elasticity of demand

types of elasticity of demand

Explain the marginal rate of technical substitution, Marginal rate of techn...

Marginal rate of technical substitution in the theory of production is similar to the concept of marginal rate of substituent to in the indifference curve analysis of consumer dema

Opportunity cost, discus how opportunity cost influence supplier''s decisio...

discus how opportunity cost influence supplier''s decision to supply labour

Student, what are the sources of monopoly power

what are the sources of monopoly power