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Explain the Human Development Index
Introduced by the UN in 1990, the index take into account not only the goods and services formed but also the ability of a population to use these and the time they have to enjoy them. It is a composite index based on real GDP per capita (PPP), life expectancy at birth and educational achievement that calculates socio-economic development.
about pay back method
an emission fee levied against polluting firms will tend to shift the supply/demand curve of the firm/product to the left/right?
I need to write an essay about industrial and labour relations ( at most 5 pages ) Deadline is in a month. I would like to know if your tutor can do that and how much it costs.
True public goods are those goods which can't be provided to one group of consumers, without being provided to any other consumers who desire them. Thus they are "non-excludable."
Privatisation of the Economy: Privatisation has to be viewed in two ways: In a narrow sense, it implies the induction of private ownership in a public sector undertaking. In a
law of diminshining marginal utility
Difference between accounting profit and economic profit: The difference between accounting profit and economic profit is that economists include in total cost of production b
If at point A sacks of rice is 205 and sacks of corn is 0. What is the decrease in rice production?
1. "Price discrimination allows a monopoly to increase its economic profit by capturing part of the consumer surplus and turning it into economic profit. Such a situation however l
sources of oligopory
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