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Capital: Broadly defined, capital represents tools that people use when they work, to make their work more efficient andproductive. Under capitalism, capital can also refer to a su
an increase in immigrants
technological advance reduced the cost of computer chips . explain using the demand and supply diagrams , how the the following markkets are affected in terms of price and quantiti
Five identical people live in a small town and can earn a living either by having cattle $100 or by becoming a singer. If one person competes their expected payment is 210, if two
if the price of labour is 2000 per hour and the price of capital is 1000 per hour.is there an efficiency point of production.
Explain the role of managerial ecnomist in kissan &dipsy fro ub group
Which of the following industries do you think are likely to exhibit large economies of scale? Explain why in each case. a. House building b. Electricity generation c. Market ga
what is market economy and how it solve the central problem
Suppose you own a home remodeling company. You are currently earning short-run profits. The home remodeling industry is an increasing-cost industry. In the long run, what do you ex
How to use Demand and Supply tools to analyze the case of the Egyptian labor market?
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