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ref article :http://www.economist.com/news/finance-and-economics/21587795-if-congress-fails-lift-limit-americas-debts-consequences-are a.assume that the debt ceiling crisis
How would you convert from moles of iron(III) oxide to moles of carbon monoxide?
Use a PPF to explain the difference between actual and potential growth. The PPF shows possible output, taking into consideration all factors of production - but de facto outpu
Define the Production Possibilities Curve and explain the basic economics concepts using the PPC. Explain the factors tht shift the PPC outwards
Some Cost Considerations for Managers * Three guidelines for estimating the marginal cost(MC): 1) Average variable cost should not be used as substitute for the marginal cost(
implications of varios market structure for price determination
what is the theory of Second best? Prove the theorem with the help of a diagram.
what is the homogeinity of demand function wrt prices and income
Division of Labor The occupation or breaking down of jobs into simple and repetitive responsibilities.
a firm has fixed costs of $60 and variable costs as indicated at the bottom of this page. complete the table and check your calculations
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