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Economic Ef ficiency The effort to making products and services in the least costly way without sacrificing excellence.
The most fundamental economic problem is scarcity.
a machine cost 18871.00 today. at the end of each year I own the machine & it gives me returns of 4,948.00 after paying repairs and maintenance. After 6 years, I expect to sell it
Ask question #Minimu2. Profit maximization is theoretically the most sound but practically unattainable objective of business firms. In the light of this statement critically appra
what is the significance of the Loucas critique in political economy?
definetion of pricing thery
What are the economic implications of income inequality? How can economic theory be helpful to analyze the causes and impact of income inequality? What are the concerns and how can
What is a negative externality?
Problem: i) Differentiate between economic development and economic growth. ii) Describe carefully how, using the expenditure approach, national income is calculated. ii
what is the relevance of microeconomic analysis in contemporary Nigerian economy
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