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Average product and marginal product: Average product (AP) is the output per unit of the variable factor employed. In other words, it is the productivity of the variable facto
what do you meant by rent?
CES production function and its derivation
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Describe Ionization energy or ionization potential and The factors affecting the ionization energies
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Question: (a) With reference to the characteristics of market structure, describe why the market for powdered milk in Mauritius is an appropriate example of monopolistic compe
how a capitalist system solves the three fundamental economic problems
What is pigovian welfare economics
Q. What is Monetarism? Monetarism:Monetarism was a right-wing economic theory (associated with work of Milton Friedman, in particular) which believed that inflation could be co
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