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Which of the following is assumed in constructing a typical production possibilities curve?
a. the economy is engaging in international trade.
b. production technology is fixed.
c. the economy is using its resources inefficiently.
d. resources are perfectly shiftable (equally efficient) among alternative uses.
derive the isoprofit functin
What is most likely to go wrong in the analysis of direct material and other direct costs and what could be done about it.
#five differnces between a monopoly market and a monopolistic market
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using a graph of the classical labour market, illustrate the effects of a real wage existing in the market that is lower than the equilibruim real wage.what will eventually happen
What are the best criteria to select peers for a country ?
In a large open economy, if the economy has a fiscal expansion, what would happen in the solow model?
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