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1) What are the most important challenges that economists try to address?
(2) What is the role of government in a market based economy?
(3) Who are the main economic players and which are the most important factors of production in California?
(4) How can we expand the production possibilities curves? (give some examples at macro- and micro-economic levels)
I don''t understand PPC at all
in economics what is cobb douglas theory?
Consider the market for Kitty Litter. Assume this industry is purrfectly competitive and is presently in long-run equilibrium. Suppose people begin to prefer Dogs as pets and Cat
Illustrate the Economic Growth Up until 1800 growth rates of human populations were glacial. Population growth between 5000 B.C. and 1800 averaged less than one-tenth of a perc
average-marginal relationship
explain convergent and divergent system
How does the BLS classify people who are "not in the labor force," and what people are often in this category? If an individual surveyed (that is, who is age 16 or over and no
Surplus The surplus is a condition under that supply for a good or service is in excess of the demand for that good or service. When this happens, there is commonly a reduction
AskPharmaceutical companies can expect to earn large profits from blockbuster drugs (for high blood pressure, depression, ulcers, allergies, sexual dysfunction) while under patent
what makes it differ from other market structures
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