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1. Consider a model economy with a production function Y = K 0.2 (EL) 0.8 , where K is capital stock, L is labor input, and Y is output. The savings rate (s), which is define
how the increase in price will affect consumer''s ability to maximise satisfaction?
Policies for Technological Advance Without better technology, increases in capital stock generated by investment rapidly run into diminishing returns. And without improvements
can you help me answer an economics question
1)The productive capability of an economy is such that to produce 5 units of military good it takes 2 workers to be employed while 10 units of consumer goods require 3 workers. Res
Explain welfare grants and subsidies
what are the benefits of natural resources and industryquestion..
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Ask qdescribe average and marginal revenue under imperfect competitionuestion
when the demand function is 2q-24+3p=0,find marginal revenue when q=3
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