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Services and goods that are used for their ultimate end purpose, meeting some human desire orneed. Consumption may include private consumption (by individuals, financed from their
National Income Determination: National Income Determination deals with what determines the size of a nation’s national income. The size of a nation’s national income is deter
Q. Explain Nominal GDP? Nominal GDP: Nominal gross domestic product measures total value of all the services and goods produced and traded for money in the formal economy, eval
regression line drawn as Y=c+1075x, when x was 2 and y was 239, given that y intercept was 11. calculate the residual
Consumer Surplus -Difference between maximum amounts a consumer is wishing to pay for a good and amount actually paid. The stepladder demand curve is converted into a
how does the charging the monoply a specific tax per unit affect the monopoly optmum and 5the welfare of consumer
discuss the methods used by the malaysian government to slow down import growth.
RELATIONSHIP BETWEEN TFC ,TC ,TVC
consumer equilibrium by indiffrence curve approach
Which drug is likely to be the most profitable for its producer (in terms of average “per-drug” profit)?
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