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Differentiate between oscillation and damp cobweb model
use a graphical illustration to briefly describe what the influence of an increase in immigrants would be on the market supply of labour
For the purposes of economic analysis, a normal profit contains the cost of the lost opportunity of the next best option allocation of the firms resources. In a purely competitive
merits and demerits of international trade
What are the "three basic economic questions" that economists often address when examining how much economic output is formed? The three basic questions are: a) what is prod
What is the expected profit?
what happens when price is fix and there is a change of the supply and demand curve
Critically examine recent developments in demand theoryon #Minimum 100 words accepted#
law of demand..
Explain how a floating exchange rate works and the variables which affect the rate. Define a floating exchange rate as the price of a currency (in terms of another or basket of
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