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Determine the law of Demand Curve
The law of demand can also be presented through a curve known as demand curve. Demand curve is a locus of points showing numerous alterative price-quantity combinations. It demonstrates the quantities of a commodity which users or consumers would buy at difference prices per unit of time under the assumptions of law of demand
Q. Explain the Efficiency wage model? Efficiency wage models such as Shapiro and Stiglitz (1984) suggest wage rents as an addition to monitoring, because this gives employees a
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Structural unemployment Caused by structural changes such that there exist: Cyclical unemployment : During depression, prices are too low and profit margins remain d
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