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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.
The demand curve for gasoline is P = 200 - 10Q. a. Find the elasticity of demand for a quantity of 8. Does this number imply that quantity demanded is sensitive to price chan
Functions and Resources of the Bank The main functions of the Bank are as follows: • to assist in reconstruction and development of the territories of it member-governmen
Surplus The surplus is a condition under that supply for a good or service is in excess of the demand for that good or service. When this happens, there is commonly a reduction
Why narrowness of definition of a commodity may influence price elasticity of demand
discuss how economic theory explains the optimum pattern of consumption of an individual consumer
how to estimate costs?
Disadvantages of division of labour: Division of labour may also have disadvantages that may include the following: (i) Lack of Craftsmanship Division of labour does not m
implications of varios market structure for price determination
required urgent
meaning of average revenue
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