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Externalities: Many economic activities have collateral effects (at times positive, but more often negative) on other people who aren't directly involved in that activity. Illustrations of externalities include pollution (which imposes a cost on natural environment and everyone who uses it), congestion (it slows down travel and productivity) and spill-over impacts of major investment or plant closure decisions.
is a hotdog vendor''s stand a good example of diseconomics of sale?
Suppose the price of printing paper for digital cameras has recently risen by 10 percent due to an increase in the cost of materials used in the finish for the paper. As a result,
different types of production funtion and curve given by different economist
Why Average Revenue= Marginal Revenue
what are some of recent development in theory of demand
Consumer Behavior: The government considers different calculations to help senior citizens with their increasing heating bills. One proposal on the table is to pay 20% of senio
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What is black marketing? Black Marketing means hoarding of sure commodity to sell it at higher prices. But it is an illegal activity in the economy and makes artificial shorta
Comment on the current account trend since 2013 till 2015
Direct Marketing This is a marketing tool designed to elicit instant action from the customer through direct contact.
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