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KEYNES' THEORY AND EXPECTATIONS : Expectations played a major role in Keynes' theory of the determination of aggregate output and employment in market economies in the short run
what is the theory of supply
We couldn''t find "Bob sold 50 fans at $20 a piece last month. This month he decreased the price to $15 and sold 75. What is the price elasticity of demand for fans
National income: The national income or product or expenditure provides a measure of total value at factor cost of final goods and services, which are available either fo
factors influencing the conditions of demand for a given product
Q. What do you meant by Investment? Investment: Investment represents production which isn't consumed though rather is utilized in the production of other additional output. In
Xd(Px)=5000-100Px
9. The average supernormal profit for the firm is
EXPLAIN KINKED DEMAND CURVE
The production function for (a Music company ) their CDs is q= 25*K*L , where q is the number of CDs produced each month, K is the hours of equipment used, and L is the hours of la
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