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What are the economies and diseconomics of scale?
when total production fall what,s the status of average product and marginal product
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Price Elasticity of Demand is explained below: Price elasticity of demand/require is the percentage change in the quantity demanded with respect to the percentage change in the
A consumer purchases food (X) and clothing (Y). Her utility function is given by: , income is $100 and the price of food is $1 and the price of clothing is Py. a. Derive the equ
Financial relationship with the IMF: IMF provides temporary assistance to member countries to tide over BOP deficits. When a country requires foreign exchange, its tenders its
#question.what is probability and laws
why is choice inevitable in the understanding of economics science?
need to get assignment on income effect and substuation effect how does increase in price of both comodity will affect the or show the new effect
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