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Labor Total Output 1 30 2 50 3 60 4 75 5 80 a) If the price of the firm’s output is $12 per unit and the wage rate is $100 per worker, how many workers should the firm choose to
difference between the cardinal analysis theory and ordinal theory
explain the following disadvantages of amalgamation. Complex nature
I wanted to the fixed and variable costs of breadtalk in singapore from economic perspective
how might opportunity cost help to explain the pattern of international trade?
(i) How do we measure economic growth and why do we need economic growth? (ii) What can governments do to stimulate economic growth and create jobs? (provide some current exampl
1. Definition: AGE-SPECIFIC DEATH RATE is the total number of deaths to residents of a specified age or age group in a specified geographic area (country, state, county, etc.)
CASE STUDY IN RELATION WITH TOTAL REVENUE,AVERAGE REVENUE AND MARGINAL REVENUE
The price of a laptop increases by 20% and there is a 40% drop in the quantity demanded. What would answer be
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