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What is endothermic reaction? 3. Draw a generalised energy graph for an endothermic reaction.
Diseconomies of Scale A rises in a firm's cost of producing an additional unit as all another factors of production rising. Diseconomies of scale can be caused by poor and ine
sources of oligopory
Assess whether market economies have been more successful than planned economies in providing welfare for citizens. The student is expected to outline some of the basic issues
How to use Demand and Supply tools to analyze the case of the Egyptian labor market?
characteristic of duopoly
REAL VERSUS NOMINAL PRICES • Nominal price is a complete or current dollar price of a good or service when it is sold. • Real price is the price related to a combined me
identify which curve (demand or supply) will be affected?
Insurance - Risk averse are willing to pay to keep away from risk. - If cost of insurance equals expected loss, risk averse people will buy sufficient insurance to totally r
causes of monopoly
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