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supply and demand, Microeconomics
Suppose scientists discover that eating soybeans prevents cancer and heart disease
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Aggregate supply curve for entire economy, 1. Explain how the aggregate sup...
1. Explain how the aggregate supply curve for the entire economy can be derived under; i. Classical assumption ii. Keynesian assumption 2. Explain how equilibrium can be a
Explicit costs are accounting costs, An economist's view of costs contains ...
An economist's view of costs contains both explicit and implicit costs. Explicit costs are accounting costs, and implicit costs are the opportunity costs of an allocation of resou
#proposed merger between heinz and beech-nut scrutinized, Who are the compe...
Who are the competitors in the jarred baby food market? What market share do they have? How do Heinz and Beech-Nut compete with one another? Are the barriers to entry high or low f
Determine the industrial core of world economy, Determine the industrial co...
Determine the industrial core of world economy The industrial core of world economy saw its level of material productivity and standards of living explode in the 19th and 20th
Distinction between human capital and resource and manpower , Distinction b...
Distinction between Human Capital and Resource and Manpower Health and education are normally considered as human capital. Health includes both physical health and fitness. E
TRENDS and Composition, discuss the trend and composition of national incom...
discuss the trend and composition of national income and per capital income
Why government cannot print new currency to pay the debts, Why government c...
Why government cannot print new currency to pay the debts? When there is deficiency of internal resources then government borrow. Government can borrow either from central ban
I dont understand this, Joe Brown’s dairy operates in a perfectly competiti...
Joe Brown’s dairy operates in a perfectly competitive marketplace. Joe’s machinery costs $500 per day and is the only fixed input. His variable costs are comprised of the wages pai
Allocative efficiency, Allocative Efficiency The production of product...
Allocative Efficiency The production of products and services such that stages of production are closely tied to levels of customer demand.
Distinguish between of trade and the balance of trade, Distinguish among th...
Distinguish among the terms of trade and the balance of trade for a country. Definition of terms of trade a) The amount of a given amount of export goods essential to buy
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