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what is the theory of second best?prove the theorm with the help of diagram?
Change in consumer income: A change in consumer income may bring about a change in the quantity demanded of a good or service. However, the direction of change in quantity deman
A recent national survey found that high school students watched an average (mean) of 7.2 DVDs per month with a population standard deviation of .90. A random sample of 35 college
what is the combined total demand schedule for Delgian cocoa beans that European and USA consumers buy
how to calculate tc,tvc,tfc,afc and mr
#queUse a graphical illustration to describe briefly what the influence of each of the following would be on the market supply of labor:(a) an increase in immigration (b) more wome
The Free Enterprise: Price System The free market system is where the decision about what is produced is the outcome of millions of separate individual decisions made by cons
how does the concept of possibility production curve aplicable in real life?
When a worker is fired orlaid off, they experience a significant out-of-pocket cost. That cost of job loss relies on how much they were earning in their job, how long it takes them
would a rational producer be concerned with the average or marginal product of an input in deciding whether or not to hire the inputs?
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