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Define the price ceilingA price ceiling is a highest price that sellers can charge for a product.
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What is the difference between MRTS & MRS?
factor influencing quantity supplied
GOOD GOVERNANCE TO ENSURE IMPLEMENTATION OF ECONOMIC POLICY: Government is very sensitive to the expectation of the people and sincere efforts in this direction have already
how to solve min (x+y/2, 2y+3x, 3x)
consumer equilibrium by indiffrence curve approach
Methodology of econometrics involving three stages 1. Specification of the model using a specific stochastic equation, together with a priori theoretical expectations about th
Types of unemployment: Frictional Unemployment: -It refers to unemployment caused by changes in individual labour markets.This is the type of unemployment resulting from peop
Consider two hypothetical nations, Solowia and Growia, which are defeated in wars. These two nations were suffered from wars differently; the damage is on capital stock in Solowia,
what is supply and demand
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