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What population information is needed by local authorities to provide the right number of primary and secondary school places? How would such information affect the plans of the lo
Short run production period and long run production period: The short run is a period of production during which some factors of production are fixed and some too are variable
what is rational decision and why it requires one''s choices be consistent with one''s goals?
EMPLOYMENT AND UNEMPLOYMENT POLICY: Engagement of a person in any economic activity is central to the concept of identifying a worker. A worker is one who participates in any
Profits University creates student credit hours (y) with two inputs: Professors' hours of work (x1) and TAs' hours of work (x2) according to the manufacture function: f(x1,x2)= 10x
What is the theory of Second Best? Prove the theorem with the help of a diagram.
how has the haberlers theory of opportunity cost an improvement over the classical theory of trade
explane a kinky demand curve model
When the curve that envelops the sweries of possible short-run average total cost curves is horizontal, this means that they are a. economies of scale, b. dieconomies of scale, co
what is fractional reserve and how does it affect money supply?
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