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What are the three major types of unemployment?
a) Frictional
b) Structural and
c) Cyclical unemployment.
Cyclical unemployment is broadly spread by an economy during a downturn.
"price makers" never want to produce in the inelastic part of their demand curve why
what is the indirect utility/
Normal profit: Normal profit is when total revenue is exactly equal to total cost when the latter includes both explicit costs. It is the type of profit when made by firms in
how to find total revenue total cost approch in equilibrium firms
What are the parts of valuable economics paper? The consequence of economics research is an economic conclusion. Usually a valuable economics paper comprises three parts: a.
what is the theory of supply
summary of general equilibrium
-1- ASSIGNMENT #1 The demand function for Product X is given by: Qdx = 80- 2Px- 0.05P²x -0.2Py + 4Pz + 0.01I+ 2A Where: Px Price of good X $120.00 Py Price of related good y $100.0
Explainbainlimitpricetheory
What are the factors that producers in the society may take into consideration when deciding on the what to produce,how to produce and for whom ?
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