#title•The price of a laptop increases by 20% and there is a,

#title, what is marginal costs?

what is marginal costs?

Equalibrian, Imagine a country where plane and train services between two m...

Imagine a country where plane and train services between two main cities are both provided by private companies, and, from a consumer perspective these services are viewed as subst

Fundamental unit of individual economic behaviour, Households: The fundamen...

Households: The fundamental unit of individual economic behaviour. Households offer labour supply to labour market, make consumer purchases,earn income (from employment and other s

Theory of the firm - product., what is the relationship between TP, MP and ...

what is the relationship between TP, MP and AP

Explain about demand - constrained, Q. Explain about Demand - Constrained? ...

Q. Explain about Demand - Constrained? Demand-Constrained: An economy is demand-constrained when level of output and employment is limited by the amount of overall demand (or s

Production function curve, different types of production funtion and curve ...

different types of production funtion and curve given by different economist

Define why prices is significant for economy, Define why prices is signific...

Define why prices is significant for economy Reason for using different weights is that some prices are more significant than others for economy. Price of gasoline, for instanc

Cyclical fluctuations, Cyclical Fluctuations: Consider a situation whe...

Cyclical Fluctuations: Consider a situation where the value of money above trend indicates an unexpectedly high level of money in the recent past. The model predicts that this

Gains from international trade, Gains from International Trade: It lea...

Gains from International Trade: It leads to increased total world production of goods and services. International trade based on comparative cost advantage allows countries to