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What is the role of profits in a market economy? Profits act as an incentive to producers and potential entrepreneurs, and also as a signal to both that resources may be re-al
Ask q3x+5=20 uestion #Minimum 100 words accepted#
Qdx=-30p+0.10+4pr+4t
Determinants of investments: Expected Rate of Return: Investment spending is guided by the profit motive; thebusiness sector buys capital goods only when it expects such
explain the relationship between scarcity,choice and opportunity cost
What is use of analytical tools in the modern economics? Analytical Tools: Modern economics also gives different powerful analytical tools which are usually specified by geo
Q. Food purchases are relatively price inelastic since food is a necessity. If food is so required for life, how will we explain the heavy advertising of food items at the
how to define or interpret ppc curve
explain the central problem of economy with production possibility curve?
subsitution effect dominate tha income effect in which good case?
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