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A type of economy (like in Europe in the Middle Ages) which is primarily agricultural however productive enough to support a class of merchants andartisans. Feudal societies are co
Determinants of Social Demand for Education - Equity Perfect equality is not observed in any society. Hierarchy in status, standards of living, capacities for effective demand
explain how scarcity impacts choice 2.expain the three steps process in economic analysis
the diagram used to illustrate of abnormal and normal profits
Marginal Product (MP) of a Factor: From the above mentioned production function, immediately we can study the effect on total output when there is a variation in labour utlili
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explain the managerial decision areas
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what is ''Prisoner''s Dilemma'',of non-cooperative game?estion..
Illustrate and explain the changing demand for big mac using the indifference curve and budget line.
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