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What are the main causes of unemployment?
Two main paths are available; demand-deficient unemployment and real wage unemployment.
After explaining unemployment (percentage of the workforce not holding a job), relative depth should be given to these two main rubrics.
How is the wrong conclusion result in necessary condition not in the sufficient condition? This is often heard that the market institution must not be used based onto the fact
baumol''s theory
explain the traditional theory of cost with suitable diagrams.explain why LAC curve is not U shaped?
When measuring price levels in the economy (such as when calculating the CPI index), why is a weighted average used? Because we require giving greater emphasis to prices at whi
What are the uses of elasticity to the private sector
is it just assumed that a monopoly graph is showing economic profit instead of accounting profit
characteristics of microeconomics
3 factors by america palce at world economy leading edge 3 factors have taken pride of place in explanations of America's place at the world economy's leading edge in its level
Lakshani has $5 to spend on pens and pencils. Each pen costs $0.50 and each pencil costs $0.10. She is thinking about buying 6 pens and 20 pencils. The last pen would add five time
what is break even quantity
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