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what happen when a supply shift to the right on a graph
How does the production possibilietes curve relate to present day economics?
IN YOUR OWN WORDS,HOW DO YOU DIFINE TRANSPORT ECONOMICS?GIVE RELAVANT EXAMPLES OF THIS AREA OF ECONOMICS.
1. Cost minimizing firms must be profit maximizing as well. False, why??
price effect
What are externalities? Give an example of positive and negative externality and explain why the market outcomes are inefficient in the presence of externalities?
#questions..
what is free market?
RATIONAL EXPECTATIONS AND ECONOMIC THEORY : We assumed above that the role of economic theory is not to provide quantitative predictions about the future. Suppose we assume ins
about pay back method
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