Managerial economics, economics, Microeconomics

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what is budget line?show the shift in the budget line

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If we have two products, A and B, which are substitutes, we can expect that a rise in the price of A (or B) will cause the demand for B (or A) to go up.” Examine this statement wit

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suppose you have a coffee shop. list of fixed input and variable input for operating the shop

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illustrate and discuss the implications of various markets structures(competitive and non-competitive) for price dertimation

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Inflation is not possible under the gold standard.” Is this statement true, false, or uncertain? Explain your answer.

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Production possibility frontier PPF is a combination of two or more goods a which a country can make in a given timeline or period with resource fully employed.

Ppf, negative slope on ppf represents what?

negative slope on ppf represents what?

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