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Define the price ceilingA price ceiling is a highest price that sellers can charge for a product.
explain how microeconomic and macroeconomic issues may be represented using the production possibility curve
use a graphical illustration to briefly describe what the influence of an increase in immigrants would be on the market supply of labour
Evaluate the role of multinational companies in helping developing countries to achieve economic growth/development. Explanation of growth; enhance in GDP per time period Ex
explain how scarcity impacts choice 2.expain the three steps process in economic analysis
#question.explain three neccessary condition to achieve pareto efficiency.
what is risk diversifications
Determinants of quantity supplied of a good The quantity of supplied of a product is influenced by factors such as the market price of the commodity, prices of inputs, techno
Q. What is Free Trade Agreements? Free Trade Agreements:It is an agreement between two or more countriesthat eliminates tariffs on trade between the countries, reduces non-tari
1. How does the marginal social benefit curve of a common resource compare to the marginal social benefit curve of positive externality from a mixed good? Highlight the difference
why risk averse consumers pay premium for insurance to convert an uncertain outcome to a certain one?
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