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explain 6 factors that determine volume of production
contemporary issues in microeconomics in nigeria
reason for kinked demand curve
WHAT IA GMP
would a rational producer be concerned with the average or marginal product of an input in deciding whether or not to hire the inputs?
Value Added:Value added in a particular stage of production equals value of total output, less the value of intermediate products (comprising raw materials, capital equipment and o
3. You plan to sell a sunglasses clip that you can attach to a car''s sun visor. You can purchase the goods from a wholesaler at $2 a piece and there is an overhead cost of $500 pe
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
draw demand curve for a-phone explain how the graph, price ,and quantity demand will change if there is an overall increase in income.
Q. Describe the Theory of effective demand ? Effective Demand:Theory of effective demand was developed separately in the 1930s by Michal Kalecki andJohn Maynard Keynes. It eluc
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