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Q. What is Climate Change?
Climate Change:As a consequence of cumulative emission of carbon dioxide (a by-product of fossil fuel use) and other chemicals over past two centuries, concentration of these gases in global atmosphere is growing dramatically. These chemicals capture more solar energy within the atmosphere and thus average global temperatures are rising - by about a full degree Celsius (on land) over the past half-century. Rise in global temperatures is causing many serious consequences, including rising sea levels, changes in rainfall, extreme weather and storms and changes in animal and plant habitats.
Oligopoly and its properties
1. Seller has ample time to adjust to price change. 2. Buyer's response to small price change is significant. 3. Buyers are faced with many options when deciding to make a
Fill in the column of marginal products. What pattern do you see? How might you explain it? b. A worker costs $30 per day and the ''Firm has fixed costs of $10. Use this informat
use of diagram how the price mechanism operates to allocate scarce resources. use examples to illustrate the answer.
Why in 1996 did the BEA switch to calculate real GDP using the "chained-dollar method" from the "constant-dollar method"? The BEA made the switch from the constant-dollar metho
Consider what would happen if a taxes of 10000$ was imposed on imported automobiles on dealers.Using a demand and supply diagram, show its impact of price and quantity. Suppose the
state 3 major assumptions which a production posibility is based
What are the problems of interest for several reasons in cost minimization? Cost Minimization: A significant implication of the firm choosing a profit-maximizing producti
DETERMINATION OF FIXED EXCHANGE RATE: In the flexible exchange rate regime, exchange rates are highly volatile which leads to uncertainties in the international payments/trans
The prevention of major swings in economic activity can be handled most easily by the
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