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Q. Explain abput Capitalist Class?
Capitalist Class:Group of individuals (which represents just a couple of percent of population in advanced capitalist countries) which controls and owns the bulk of private corporate wealth, and as a result faces no compulsion to work in order to support themselves.
Question 1 Identify the basic postulates of economics Question 2 Discuss the role of price mechanism Question 3 Explain the shape and application of Engel curve
China had to convert its yuan into dollars. Does that cause the dollar to appreciate or depreciate?
What are the causes of inflation? Define inflation as a steady enhance in the general price level. Then, there are, well, two and a half basic reasons: 1) Demand-pull infla
The Industrial Revolution The century after 1750, saw the industrial revolution proper: invention of steam engine, spinning jenny, power loom, hydraulic press, railroad locomot
what do you understand by demographic window acess by india
1. Explain- a. Tragedy of commons b. Free rider problem c. Diminishing marginal utility d. Diseconomies of scale e. Tax incidence f. Elasticity g. Gains from
Which element of the periodic table has the most characteristics and is used in everyday life?
when price falls
Q. What is Unit Labour Cost? Unit Labour Cost: How much an employer pays for labour needed to produce each unit of a good or service. Unit labour cost can be computed by dividi
Ask question how do I find the Price
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