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An increase in the scale means that all inputs or factors are increased in a given proportion. Increase in the scale thus occurs when all factors or inputs are increased keeping fa
what is market equilibrium and disequilibrium?
CES production function and its derivation
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explain the central problem of economy with production possibility curve?
How a manager determines the optimal number of employees in a project
can economic laws proved universly
the prevalence of excess capacity is the direct consequence of the existence of monopolistic competition
resonance effect
Why is high unemployment considered a bad thing? High unemployment means that a nation's resources are underutilized. It also poses great psychological, economic, and social c
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