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characteristics of microeconomics
Posted Date: 6/3/2013 5:20:06 AM | Location : South Africa
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Micro, Using tools of indifference curve, highlight on consumption in busin...
Using tools of indifference curve, highlight on consumption in business economics.
Calculate price and average total cost atc, 1. Through graphs describe the ...
1. Through graphs describe the relationship between the price, P , and the average total cost, ATC , for a firm in perfect competition when it earns an economic profit; earns a n
Why is it considered well to bring all bop to zero, Why is it considered we...
Why is it considered well to bring all BOP's to zero? If BOP of any country is zero, it reflects that the present account of that country has sufficient balance to meet the n
Explain supply and demand diagrams, During the 1990s, technological advance...
During the 1990s, technological advance reduced the cost of computer chips. Explain, with the use of supply and demand diagrams, how the following markets are affected in terms of
Gdp, Suppose that investment spending increases by $10 million, shifting up...
Suppose that investment spending increases by $10 million, shifting up the aggregate expenditure line and increasing GDP from GDP1 to GDP2. If the MPC is 0.9, then what is the chan
Neoclassical economics, In neoclassical economics, equilibrium exists when ...
In neoclassical economics, equilibrium exists when supply equals demand for a particular commodity. General equilibrium is a special (purely hypothetical) condition in which every
Calculate income elasticity of demand, When Alex's income increased from $3...
When Alex's income increased from $3,000 to $5,000, he increased his consumption of bagels from 4 to 8 a month and decreased his consumption of donuts from 12 to 6 a month. Calcula
Emergence and persistence of structural imbalances, Emergence and Persisten...
Emergence and Persistence of Structural Imbalances: The period broadly corresponds to the period of the Sixth Plan and the Seventh Plan. The Sixth Plan was launched when the e
Quantity supply, factor influencing quantity supplied
factor influencing quantity supplied
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