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would a rational producer be concerned with the average or marginal product of an input in deciding whether or not to hire the inputs?
how might opportunity cost help to explain the pattern of international trade?
what is micro economics
the price elasticity for gizmos is known to be 1, if sellers of gizmos increase their
Economics and Ethics : Morality and ethics are powerful motivations to behavior. Thouh, economists suppose that rationality is a function of demonstrable self-interest. That mean
Explain how a country can peg (fix) its currency to another currency. Explanation of a pegged/fixed currency should centre on how the central bank uses the currency market mech
If one person can produce 1 fish and 10 oranges per hour and works 5 hours a day.another person can produce 2 fish and 20 oranges per 2 hors and works 8 hurs a day then who has the
under which market structure does the banking sector fall?
why does gap between the ATC curve and the AVC curve decreases as the level of output increases
Q. What do you meant by Multinational Corporation? Multinational Corporation: A multinational corporation (MNC) is a company that directly undertakes productive facilities or o
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