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What are the implications of the sustainability in economic growth?
Implications of the sustainability in economic growth:
Moving in the direction of sustainable development requirements radical changes in producer, consumer and governmental patterns of production and consumption,
• Cleaner production methods that use resources more efficiently and decrease negative externalities for example micro-enterprises that use appropriate technologies
• Simpler lifestyles and consumption habits which use energy less wastefully and diminish pollution, especially into the developed world. For illustration: use public transport and not cars.
1. Consider the market where there is product differentiation with two firms. The firms are choosing prices p1 and p2 and have demands given by q1 = 40 - 0.5 p1 + p2 q2 = 60
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what is money supply
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Can less developed countries economies grow by developing its primary sector as agriculture? Less developed countries economies can grow by developing its primary sector as ag
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