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using the tools of an indifference curve and isoquent, highlight on consumption and production in business economics.
what is marginal costs?
Explain how Monetarist economics views the role of markets and government intervention in fighting business cycles. Monetarist economics believes that the government should fol
a curve on a graph shows the relationship between apartment rent in a town and the quantitiy of apartments that people want at each rent. A new industry enters the town and the pop
discuss how economic theory explains the optimum pattern of consumption of an individual consumer
Price elasticity is used in economics to determine the changes in price of goods and services. It measures the change in price demanded and quality supplied. Determinants of pri
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How has the haberler''s theory of opportunity cost been an improvement over the classical theory of trade
Suppose you are a painter, and the price of a gallon of paint increases from $3.00 a gallon t $3.50 a gallon. Your usage of paint drops from 35 gallons to 20 gallons a month. 1. Co
when the demand function is 2Q-24+3P=0,find the marginal revenue when Q=3.
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