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law of diminishing marginal utility its assumptions, limitation, and its practical importance
critically analysis firm theory of profit maximization?
Low standards of living: In developing nations general standards of living tend to be very low for the vast majority of the people. These low standards of living are manifest
3
What caused the productivity slowdown? Observers have pointed to 4 factors--Oil prices, baby boom, increased problems of economic measurement and environmental protection expe
buyers cannot tell whether any given car is a lemon. The percent of all cars that are lemons is theta. How much is theta when all cars offered are sold?
what are the values of real money supply and the current price level
Labor cannot be divided from the human being who provides it. The result of the inseparability of labor from the people who gives it, is that the wage for the last hour worked mus
What have been some justifications given for the historical exclusion of household production from the national accounts? Some reasons have included: a. households are not p
Use of ppc in microeconomics
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