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differance between capitalism and socialism
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implications of varios market structure for price determination
how microeconomic issues maybe represented using production posibility curve
1) What are the most important challenges that economists try to address? (2) What is the role of government in a market based economy? (3) Who are the main economic players
If we have two products, A and B, which are substitutes, we can expect that a rise in the price of A (or B) will cause the demand for B (or A) to go up.” Examine this statement wit
explain how scarcity impacts choice 2.expain the three steps process in economic analysis
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When there is a positive expected rate of inflation (i.e., an expected and sustained increase in the levels of all prices), the Benefit Cost Ratio of a proposed project will take o
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