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China had to convert its yuan into dollars. Does that cause the dollar to appreciate or depreciate?
How would the price mechanism decide resource allocation in a competitive (free) market? The main issue it to explain how the price mechanism has a signalling, rationing and ince
"In U.S., there is a culture of greeting people of the same sex. It's not common that people give attention to the people of the opposite sex. However, in the middle class, it's a
prove that the utility approach and the indifference curve approach yield the same consumer equilibrium
What is the difference between wages and salaries
price quantity 10 60 20 70 30 90 40 110 50 130 derived a supply function for the relation between price and quantity
explain what will happen to price , the marginal cost of rice, and the quantity produced if the government sets a production quota of 2000 bags a week. draw a graph and explain you
given P=120-Q TC=Q(to the power 2)+ 16 1-derive the total revenue function 2-calculate profit mazimization output for a-perfect competitive firm b-monopoly 3-explain whi
Commodities that are viewed as luxuries typically have price elastic demand, and commodities that are requirements have price inelastic demand. There is easily no substitute for a
negative slope on ppf represents what?
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