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What is use of analytical tools in the modern economics? Analytical Tools: Modern economics also gives different powerful analytical tools which are usually specified by geo
It is important to understand the important characteristics of monopolistic competition. The knowledge of these features will enable the students to know how this form of market st
why diminish MRS?
Marginal Product (MP) of a Factor: From the above mentioned production function, immediately we can study the effect on total output when there is a variation in labour utlili
show the shape of f orbitals?
Working Capital: A business requires a certain revolving fund of finance to pay for regular purchases of initial labour, raw materials and other inputs to production. Working capit
provide 3 examples of 1210 billionares in the world face scarcity
Determine the Cross Elasticity of Demand Measures the responsiveness of demand for good A to a given change in the price of good B. It is an significant piece of information to
merits and demerits of monopsony
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