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a) Microeconomics is concerned with decision-making within the firm, household or on the individual level, but macroeconomics is concerned with the behavior of the whole economic s
what are things you need to look in manner of functions,elements,purpose,types and definitions?
consumers oriented application
discuss the trend and composition of national income and per capital income
The Snob Effect - If network is negative externality, a snob effect exists. * The snob effect refers to desire to own unique or exclusive goods. * The quantity demanded o
What happens to the market for cchicken wings if the price of beer increases?
Raise or Lower Tuition? Suppose that, in an attempt to raise more revenue, Nobody State University increases its tuition. Assess a raise in tuition and if it will necessarily res
explain the properties of indifference curve with the help of diagrams?
Why narrowness of definition of a commodity may influence price elasticity of demand
Why is high unemployment considered a bad thing? High unemployment means that a nation's resources are underutilized. It also poses great psychological, economic, and social c
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