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Definition of Pareto Optimal Allocation
Money facilitates market activities and is essential in complex market systems. With money people can avoid the problems associated with coincidence of wants. Between, these pro
How to I calculate the break-even point per unit in dollar amount and then determine whether there will be a profit or loss? Such as if the fixed costs were $75000. The variable co
elasticity of demand of a product in different market forms such as perfect competition, monoply etc.
americana is a small country that produces and consumes jelly beans. The world price of jelly beans is $1 per bag, americana''s demand and supply for jelly beans are governed by th
explain how the keynesian cross shows that the economy is susceptible to self-fulfilling prophesies, either positive or negative
Explain how Monetarist economics views the role of markets and government intervention in fighting business cycles. Monetarist economics believes that the government should fol
5 stratgies that can be used to regulate skilled labour in developing countries
Q. What do you meant by Real GDP? Real GDP:Value of total gross domestic product (which is, all the services and goods produced for money in the economy) adjusted for effects o
f(x1 x2,x3,x4) =min(x1/4x22/3,x3+2x4)
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