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Imagine a country where plane and train services between two main cities are both provided by private companies, and, from a consumer perspective these services are viewed as subst
provide 3 examples of 1210 billionares in the world face scarcity
characteristics of microeconomics
are most local phone companies natural monopolies?
ABC ANCA ABNC
Define Nash equilibrium
Infrastructure : Infrastructure plays an important role in the development of an economy. The adequacy or lack of it determines an economy's success or failure in increasing p
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PARALLEL ECONOMY: What is in popular parlance known as black money, and is, misleadingly called the 'parallel' economy, (as it operates very much with and within the legal, fo
why use GNP in macroeconomichs analysis
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