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What are the factors that producers in the society may take into consideration when deciding on the what to produce,how to produce and for whom ?
why is the point outside the production possibility curve(PPC)called unttianable
what do you meant by rent?
concepts of suply
1). Define and explain the concept of an externality. Provide examples of both positive and a negative externality. 2). The Prisoner's Dilemma Exercise:
How to find quantity supplied given just the price
THEORY OF DEMAND: The consumer behaviour under indifferencecurve approach where it is assumed that the consumer possesses a utilityfunction. The next most important theory th
Managers: Top directors and managers of larger companies who are assigned the task of organizing disciplining workers, initiating production and accounting to shareholders for perf
derive PCC for complementary goods
explain engineering cost
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