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difference between the cardinal analysis theory and ordinal theory
8,000,000 people in the population who are 16 yrs of age and older. 80% are willing to work. Currently 10% unemployment rate. a. how many people in labor force? b. How many are un
a) Collect costs, revenue data, or other data from the industry that you deem relevant. Describe how you would modify the data in order to make it relevant to decisions a manager m
is south africa''s economic system now more allocative efficient
Purchasing power parity: When PPP holds, the domestic currency has the same purchasing power at home and in any other country. PPP also implies that a foreign currency will de
If a minimum wage were imposed below the competitive equilibrium what would we expect to observe in the effected labor markets?
a) Explain the perverse incentive. b) What makes the incentive perverse? c) How could the incentive makers better the incentive?
risk describe,prefrence towards risk,the demand for risky assets.consumer behaviour under asymmetricinformation
defin giffen goods?
Explain the monopolistic competition model of equilibrium with price competition under chamberlin s model
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