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Consider a non-renewable resource. There are two periods, now and later. The demand curve in each period (t = 1, 2) is Qt = 10 - Pt. The stock of the resource is 10 units. Extracti
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What is black marketing? Black Marketing means hoarding of sure commodity to sell it at higher prices. But it is an illegal activity in the economy and makes artificial shorta
What is studying platform? Explain this term in brief. Studying Platform: A studying platform into modern economics comprises some basic economic principles or theories. Thi
how can I execute this topic in new way of teaching? That will focus on activity base and art of questioning that will answer by the students?
how can draw the table and diagram of production function function with one veriable
explain the managerial decision areas
The market structure in the south African mobile telecommunications industry
1. Calculate price elasticity of demand and supply for the following functions when (a) P=8 and (b) Q=6. i. P= 40 - 0.5Q ii. Q= -40 + 0.75P iii
explain the theory of consumer behavior from the utility perspective
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