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What is meant by dumping? Dumping is when a producing country dumps goods on foreign markets at a price lower than either the price on the home market or below the cost (HL: ma
what is demand
How to use Demand and Supply tools to analyze the case of the Egyptian labor market?
What are the basic questions to be answered by economic institution? Four fundamental questions should be answered by any economic institution as: a. What goods and services
how slustky equation provides neat analytical expression for substitution and income effect?
what are the factors causing oligopoly market?
price falls and demand is elstic
in economics what is cobb douglas theory?
Problems Using Point Elasticity - We may need to compute price elasticity over portion of demand curve instead of at a single point. - The price and quantity used as base wi
How would the price mechanism decide resource allocation in a competitive (free) market? The main issue it to explain how the price mechanism has a signalling, rationing and ince
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