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Question 1: (a) Using examples, explain the difference between time-series, cross-sectional, and panel data. (b) Formulate a simple linear equation, and carefully explain
why the PPC curve slopes downward?
diffence b/n fixed and variable input
when the demand function is 2Q-24+3P=0,find the marginal revenue when Q=3.
Disadvantages of division of labour: Division of labour may also have disadvantages that may include the following: (i) Lack of Craftsmanship Division of labour does not m
suppose you have a coffee shop. list of fixed input and variable input for operating the shop. ques-2 describe the condition under in which labour treated as variable cost and whic
Illustrate and discuss the impliction of various market structures(competitive and non-competitive)
Consumer Behavior: The government considers different calculations to help senior citizens with their increasing heating bills. One proposal on the table is to pay 20% of senio
what is Law of Demand?
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