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During the 1990s, technological advance reduced the cost of computer chips. Explain, with the use of supply and demand diagrams, how the following markets are affected in terms of
total revenue
merits and demerits of monopsony
what is pure competition markets?
use the concept of the income elasticity of demand to explain the difference necessities, luxuries and inferior goods
What is the difference between price value and price level? Price value is the value of commodity bought by the consumer at a certain price from the market, while, price level
u=2x^2+3y^2 hence income=310 birr and price=3 birr calculate quntity of x and y the optimize&minmize utilityfor the given income
what is the influence of an increase of migrants on the market supply labour
what is the indirect utility function equation
Do not submit more than 1 file in the Canvas submission link. A few years ago peanut farmers in India experienced a super-bumper crop due to favorable weather conditions. Initially
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