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Using commodities as an example, explain the factors influencing the PES for such goods.
The basic determinants of PES are time span included and the availability of producer substitutes.
Both of these help to outline commodities as having low PES.
WHAT IS PPC
explain monotanic
Plot the demand schedule and draw the demand curve for the data given for Marijuana in the case above?
Q. Definition of labour force? Labour Force:Total population of working-age people who are willing and able to work and who thus have ‘entered' labour market. Labour force incl
related documents, photos,paper for permission from court etc.
Input Substitution When the Input Price Change Isoquants and Isocosts and Production Function The minimum cost combination can be written as: - Minimum cost
"price is becoming cheaper,yet the demand for car is not rising".does it mean law of demand is not operative?
Government Policy Business Cycle Business cycles create instability in the economy. The period of boom or rising business activities is characterised by increase in output, emp
factor afecting the demand for durable product
Xd(Px)=5000-100Px
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