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Unemployment Rate
A measure of labor force utilization the unemployment rate is equal to the number of people which is unemployed as a percentage of the total labor force.
Suppose a firm faces two markets for the same product. In market A, the demand function is PA=60-QA, while in market B the demand function is PB=36-0.5QB. The total cost function i
What is contraction of supply?
Explain the meaning of the statment "coffee and tea are close substitutes".
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
how do I determine the profit-maximizing quantity of a firm for different market prices when only given TFC, TVC, and the market price
what are the recommendations for effective economic planning?
elasticity of demand of a product in different market forms such as perfect competition, monoply etc.
Fiera Corporation is evaluating a new project that costs $45,000. The project will be financed using 40% debt and 60% equity, thus maintaining the firm's current debt-to-equity ra
primary reference electrode,she
Why and how are economists attempting to create more accurate measurements of development? The why part is simply because of the complexities built-in to the concept of develop
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