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using demand and supply curves explain how shortage and surplus are created
what is the importance of law of supply
Solve equation P=200-Qs and Qs=4.5p +5
what is cardinal utility. Please give an example
What is the explanation for SAC to be tangent to LAC?(In other words, why must both be tangent to each other)?
when average product is decreasing, marginal product is?
What is the difference between price value and price level? Price value is the value of commodity bought by the consumer at a certain price from the market, while, price level
when the demand function is 2q-24+3p=0,find marginal revenue when q=3
Prove that the utility approach and the indifference curve approach yield the same consumer equilibrium.
The cross elasticity of demand calculates the responsiveness of the quantity demanded of one product to alters in the price of another product. For example, the quantity demanded
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