Project work, economics, Microeconomics

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Balance of payment: It is an account that summarizes a country’s total payments and total receipts from international economic transactions within a specific period usually on

Consumer surplus, what is the application of consumer surplus

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Unemployment Rate A measure of labor force utilization the unemployment rate is equal to the number of people which is unemployed as a percentage of the total labor force.

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How do we obtain total cost curve, Total cost curve (TC) is obtained by add...

Total cost curve (TC) is obtained by adding up vertically total fixed cost and total variable cost curves because the total cost is sum of total fixed cost and total variable cost

How the inflation effect on import and export of the country, How the infla...

How the inflation effect on the Import and Export of the country?  When general price level enhances in an economy, local currency is devalued. Economy has to spend more on imp

Consumer surplus, What is consumer surplus? What is its significance and wh...

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Female-headed households, Female-headed households: The high incidence...

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