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identify which curve (demand or supply) will be affected?
The Concept of Money: Money or paper currency serves three functions in any case: it is the medium of exchange, a store of value and the unit of account. Before paper money was
Types of unemployment: Frictional Unemployment: -It refers to unemployment caused by changes in individual labour markets.This is the type of unemployment resulting from peop
1. Why is a proprietary good necessary for a firm to choose to become a multinational? 2. In Ramondo, Rappoport, and Ruhl (2011), "Horizontal vs. Vertical FDI: Revisiting Evi
what is the theory of second best? prove the theorem with the help of a diagram.
would a rational producer be concerned with the average or marginal product of an input in dec
This is a very common methods of forecasting demand. Under this methods a relationship is established between quantity demanded( dependent variable) and independent variables such
Which of the following is a free good? Fresh water, forests in the northwestern United States, the advice of economists, or none of the above?
why does gap between the ATC curve and the AVC curve decreases as the level of output increases
Entrepreneur: The entrepreneur or enterprise is a special factor of production that is in charge of the organization of the other three factors of production (land, labour and
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