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Q. What is Tradeable product?
Tradeable:A product (a service or good) is tradeable if its purchaser can purchase it far away from the place where it is produced. Most goods (other than perishable or extremely perishable products) are tradeable, and a number of services (like tourism and specialized business, financial and educational services) are also tradeable.
Why total product continues to increase despite a decrease in the marginal product?
monetary policy
If demand goes down what happens to the equilibrium?
cars:0,2,4,6,8 tow truck:30,27,21,12,0
Natural Factors: Seasonal variations may affect the demand for a commodity at certain times of the year. For example, during the raining season, demand for commodities such as j
There are two individuals in town, one is high risk and the other is low risk. 1 The probabilities of having an accident for the low risk individual and high risk individual are p
a project report on marshalls marginal utility analysis
bains limit price
Q. What do you meant by Hoarding? A situation in that companies, financial investorsor individual consumers choose to hold hoards of cash or other liquid assets, instead of spe
use of diagram how the price mechanism operates to allocate scarce resources. use examples to illustrate the answer.
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