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what is the relation ship between mp,tp,ap
TC = Q3 – 8Q2 + 68Q + 4, get the median and mode
explain normal profits
Document Design It refers to the overall "look" and design rather than the content of a document. Specific elements such as white space, limited paragraph indentations, length
if a commodity has limited demand , should economist say that we still have a scarcity ?
World Trade Organization: An international economic organization based in Geneva, Switzerland,formed in 1995 which is dedicated to promoting greater trade and investment among its
Explain the Human Development Index Introduced by the UN in 1990, the index take into account not only the goods and services formed but also the ability of a population to use
give assumption, rules/formulas and demonstrate that ramsey prices are the seconnd best pricing. explain clearly.
Differentiate between inflation and unemployment. Inflation is an increase in the general price level that results in a decline in the purchasing power of money. In economics,
1. Calculate price elasticity of demand and supply for the following functions when (a) P=8 and (b) Q=6. i. P= 40 - 0.5Q ii. Q= -40 + 0.75P iii
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