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Explain why P=MC in the short-run equilibrium of the perfectly competitive firm, whereas in the long-run equilibrium P=MC=AC.
What are the basic differences between the investment curve and an investment demand curve for an economy
A radiology firm charges $2,000 per exam. Uninsured patients are expected to pay list price. How much do they pay?
In order to estimate the VAR, I have firstly to specify the data which will be analysed. As it is my aim to observe the correlations between oil prices and key macroeconomic variab
It was observed that following a one standard deviation shock to the price of oil, interest rates rose sharply immediately afterwards reaching a maximum after two quarters. Then fr
State the Private sector in the circular flow Private sector total income is known as the national income. As private sector receives entire return from the factors of prod
What are the international economic crisis A current account surplus can only take place in one nation if there is a current account shortage in another country. So it makes no
Determine about the gross domestic product Growth By (nominal) GDP-growth we mean % change in (nominal) GDP over a particular period of time. Real GDP growth is stated as perce
discuss modern theory of determination of rent?
impact of change in government expenditure and tax on fiscal policy
What is ‘Third degree Discrimation
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