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what are tne methots of demand forecasting ?
How equilibrium is achieved under monopoly
the prevention of major swings in economic activity cn be handled most easily by the financial or government sector?
Division of Labor The occupation or breaking down of jobs into simple and repetitive responsibilities.
Using commodities as an example, explain the factors influencing the PES for such goods. The basic determinants of PES are time span included and the availability of producer s
what is the law of diminishing marginal product? explanation with the help of proper schedule and diagram.
Explain about the specification of economics environments. Specification of Economic Environments: The primary step for studying an economic issue is to identify the econom
What is the difference between houehold and consumers?
Describe what the price elasticity of demand is and why it is of interest in examining markets. Might it be beneficial in the airline industry? Why?
Assume that milk operates in a perfectly competitive market, use a well labeled demand and supply model to explain how market equilibrium price of milk is being determined.
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