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What population information is needed by local authorities to provide the right number of primary and secondary school places? How would such information affect the plans of the lo
americana is a small country that produces and consumes jelly beans. The world price of jelly beans is $1 per bag, americana''s demand and supply for jelly beans are governed by th
why is the concept of elasticity crucial to the study of economics?
Monopsony: Demonstrate (with a graph) how a minimum wage can increase both the wage and employment in a monopsony market even when the government sets th
#question. what is the underlying reason for the law of increasing opportunity cost?
Value Added:Value added in a particular stage of production equals value of total output, less the value of intermediate products (comprising raw materials, capital equipment and o
Consider two hypothetical nations, Solowia and Growia, which are defeated in wars. These two nations were suffered from wars differently; the damage is on capital stock in Solowia,
How has the Harberler''s theory of opportunity cost an improvment over the classical theory of trade?
GOVERNMENT FINANCE: UNION AND STATES: The fiscal position of the Governments - both Centre and States - has been under stress since the mid-1980s. The stress stems from the i
what is modern theory
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