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Q. (a) increased technical efficiency (b) accelerated technical progress (c) decreased shortages of foreign exchange (d) infant industry argument. 48. Which of following is not among arguments for trade liberalization?
Q. Briefly elucidate why magnification effect plays an important role in predicting where various groups in economy will support or oppose international trade.
Describe how each of these activities affects government, households, and businesses. Describe the flow of resources from one entity to another for each activity.
A major employer in a small town announces upcoming major layoffs of employees. What should we expect to happen to the consumption functions of the affected employees.
Compute the company's total costs, and graph the revenue curve and the total cost curve. Do the curves have the shape you expect. Over what range of production is the company making pro ts.
Illustrate what does the area EBCD represent. Provide a full explanation of the concept that is shown in that area.
Show the effects of the Fed's contractionary monetary policy by shifting one or both of the curves.
Elucidate what prices he should charge in two markets. Illustrate quantities be should sell in the two markets.
What s the general pattern of the US income distribution over the last century. Explain about the timing of the changes.
Why is it important to know Elucidate how much output is being produced
illustrate what proportion of the population would score higher than Bob.
In the former Soviet Union, producers were paid for meeting output targets, not for selling products. Under those circumstances.
Using the numbers that you calculated above, explain the relationship between the marginal cost and average variable cost.
Elucidate however, was 3 percent in Finland also 1.8 percent in France. From this we can conclude that France's every capita GDP
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