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What is the difference between 'scarcity' and 'shortage'? 'Scarcity' and 'shortage' have dissimilar definitions. In reality, when most of the goods and resources are scarce go
what is the definition of economic system?
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
Capital formation: Growth Economists believe that accumulation of capital is one main source of growth of an economy. Emphasis is given to the accumulation of more capital pe
how has the haberlers theory of opportunity cost an improvement over the classical theory of trade
model of sylos labini
Ask qdescribe average and marginal revenue under imperfect competitionuestion
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on what grounds is consumer surplus criticised?
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