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What is International Trade Economics, Explain study area of international trade economics.
Define the returns to scale in production technology. Returns to scale in production technology: Assume that we are using some vector of inputs x to generate some output y a
Determinants of investments: Expected Rate of Return: Investment spending is guided by the profit motive; thebusiness sector buys capital goods only when it expects such
What is the difference between decreasing marginal returns and negative marginal returns?
Analyze the various ways in which property rights encourage economic development and make at least one recommendation for improving current laws. Explain your rationale.
what is the differences between utility theory, indifference theory and revealed preference theory
In a small rural town, 150 people would like to be employed (this is the supply of labor). In order to make profits, capitalists hire some of these workers to produce grain. Those
Trends in the Growth of Production and Productivity: From an analysis of the trends of growth of production and productivity of agricultural sector as a whole and of differen
explain the properties of indifference curve with the help of diagrams?
what is the south africas governments standpoint on international trade
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