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is south africa''s economic system now more allocative efficient
give a detailed discussion on the term economics of scale as applied to economics, highting examples,limitation,and original of economics of scale.
AskPharmaceutical companies can expect to earn large profits from blockbuster drugs (for high blood pressure, depression, ulcers, allergies, sexual dysfunction) while under patent
causes for emergency of monopoly
use the concept of the income elasticity of demand to explain the difference necessities, luxuries and inferior goods
The Objective Probability - 100 explorations out of which 25 successes and 75 failures - Probability (Pr) of success = 1/4 and probability of failure = ¾ Given: -
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
what is demand
What are the basic questions to be answered by economic institution? Four fundamental questions should be answered by any economic institution as: a. What goods and services
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