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Profit: This is surplus left over after a company sells its output and pays off cost of production (which includes raw materials, labour costs and a proportional share of its capital equipment). Its calculation is: revenue - cost = profit.
Show the possible outcome of setting a minimum wage for under-eighteens. Explaining and illustration of minimum wage - clearly set above market equilibrium outlining res
Privatisation in the narrow sense can take several forms: a) Total Denationalisation: This implies complete transfer of ownership of apublic enterprise to private hands. Some
Assume there is a remote area in china with high population.The area is composed exclusively of apartments and is populated by low-income residents .The people tend to stay in that
Consumer Choice * Consumers choose a combination of goods which will maximize satisfaction they can attain, given the some degree of budget available to them. * The maximiz
Using tools of indifference curve, highlight on consumption in business economics.
what is the relationship between TP, MP and AP
consumers oriented application
Oligopoly and its properties
What are corrective taxes? Why do economists prefer them to regulations as a way to protect the environment from pollution. Discuss
Calculate the number of moles in 15.8 grams of aluminum hydroxide
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