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Q. Define government surplus? Surplus, Government:It's a government surplus exists when a government's tax revenues surpasses its total spending (including both program spendin
#question.using a well illustrated diagram, explain the concept of producers equilibrium .
Economies and Diseconomies of Scale -Economies of Scale Increase in the output is greater than increase in the inputs. -Diseconomies of Scale Increase in the
are most local phone companies natural monopolies?
project work
what are the practical importance of income elasticity of demand?
explain economic growth
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Problem 1: i) To what extent can a country actually rely on the principle of Comparative advantage before engaging in international trade? ii) Explain the different types
explain main features of short run engineering cost theory
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