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summary of general equilibrium
what happens when price is fix and there is a change of the supply and demand curve
the difference between an lc3 and other types of businesses is that
It is necessary for the proper understanding of the price theory to know the various concepts of cost that are often employed. When an entrepreneur undertakes production of a commo
Labor cannot be divided from the human being who provides it. The result of the inseparability of labor from the people who gives it, is that the wage for the last hour worked mus
Price Level:Overall average level of nominal prices in the economy can be calculated, most often as a weighted average of the prices of individualservices and goods (with weighting
1. The following data consists of a 3 (age) x 2 (sex) natural design in which the proportion of pretend play between parents and infants changes as a function of age. The DV (Y) i
what is the theory of second best ? prove the theorem with the help of a diagram ?
equation for a demand curve is p=2/q. what is the elasticity of demand if price falls from 5 to 4
if the inverse demand curve is p=120-Qand the marginal cost is const ant at 10 ,
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