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Name the five types of capital.
The five types of capital are:
natural capital,
manufactured capital,
human capital,
social capital and
financial capital.
Production Function for Wheat * Farmers should choose between a capital intensive or labor intensive technique of production. Isoquant Describing Production of Wheat
Explain opportunity costs using a PPF where investment goods are on one axis and consumption goods on the other. Again, a good definition of opportunity costs linked to the not
If producers expect future prices to enhance, current supply will decline in favor of selling inventories at higher prices later. In other words, supply will reduce (a shift to th
Revise business plans to incorporate appropriate changes.
what are the limitations of economies of scale?
elasticity concept in policy formulation
what is the relation ship between mp,tp,ap
explain the main criteria for classifying firms into industries.which criteria serve the better and why?
what is stagnation thesis?
Explain why both the PES and PED tend to be inelastic in the short run for primary goods. PED deals with (primarily) the ability and propensity of consumers to switch to other
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