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if the marginal production of labor is rising, is the marginal cost of production rising or falling? Briefly explain
Private benefit and social benefit: Bridge the gab between private cost and social cost, and private benefit and social benefit.Under perfect market, there may be a divergence
illustrate and discuss the implications of various market structures (competitive and non-competitive) for price determination
determinate equilibrium price and quantity. if Qd=7-1/2p AND Qs=1/4P-1/2
Q. What is Gross Domestic Product Per Capita? Gross Domestic Product, Per Capita: Level of GDP divided by the population of a region or country. Changes in real GDP per capita
who propounded the pure international theory of trade?
choose a topic from microeconomics that matters to you and find a recent news article covering that topic?
Question 1: a. What is the supposed rationale for subsidising higher education in various developing countries? b. Do you think there is a legitimate rationale to the abov
subsitution effect dominate tha income effect in which good case?
What are the uses of elasticity to the private sector
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