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when total production fall what,s the status of average product and marginal product
Marginal Product (MP) of a Factor: From the above mentioned production function, immediately we can study the effect on total output when there is a variation in labour utlili
discuss the implications of various market structures(competitive and non-competitive) for price determination
Q. Show the Environmental Taxes? Environmental Taxes: Taxes which are imposed on particular activities, or particular products, which are considered to be especially damaging t
Equilibrium is explained as follows: Equilibrium is the state in which there are no shortages and surpluses; or we can say that the quantity demanded is equal to the quantity s
Examples
effect of tariffs on national income and employment
what happens when price is fix and there is a change of the supply and demand curve
Capital make large scale production and greater degree of specialization possible. Thus with capital accumulation the advantages of large scale production and specializations are o
discuss african traditional methods of production and processing of food
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