Micro economic theory., economics, Microeconomics

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What is the problem of central economic

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Current account - balance of payments, Current Account: The Current Ac...

Current Account: The Current Account can be broken down into two parts, viz., one, balance of trade, and, two, balance on invisibles. The Balance of Trade (BOT) deals only wit

A mixed economic system solves basic economic problems, Why do some people ...

Why do some people believe that a mixed economic system solves basic economic problems?  Ans) It is due to  the private sector and public sector both have a say in answering the

Summary of common property resource management , Normal 0 false...

Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4

Macro, supply and demand

supply and demand

Population, Is Nigeria''s census accurate?

Is Nigeria''s census accurate?

Economic development, Development: Economic development is the process thr...

Development: Economic development is the process through that a country's economy expands and improves in both qualitative and quantitative terms. Economic development requires co

ECO 365, calculate demand function is Q=100-P, where Q is quantity demand a...

calculate demand function is Q=100-P, where Q is quantity demand and P is price

Use a ppf to explain the trade-offs that all economies face, Use a PPF to e...

Use a PPF to explain the trade-offs that all economies face. All countries must construct some sort of system whereby output, allocation and distribution of goods is decided.

Example of standard indifference curve analysis, Carmen, the Queen of Elect...

Carmen, the Queen of Electra, is concerned over what she believes is an excessive consumption of electricity.  Consequently, she proposes an excise tax on electricity consumption w

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