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Economics; Different Perspective ? Economics is the knowledge of the choices taken by people who are faced with scarcity. ? Scarcity is a condition
explain how macro and micro issues may be represented using production possibility curve
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what is profit maximization..
COMBINED FINANCES OF UNION AND STATES: Taxes on goods and services are levied in India in various forms and at different levels of Government, Centre, states, and local bodies
explain normal profits
Diffrence between price and Income elasticity of demand: Own price elasticity of demand is the degree of responsiveness of the quantity demanded of a commodity to a change in
using necessary and sufficient condition explain consumer surplus diagrammically and mathematically?
solution of central problem of an economy
opportunity cost
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