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factors that affects the volume of production
Micro economics is the study of individual unit of an economy
It is also known a sleadig indicators forecasting National Bureau of Economic Research of U. S.A has identified three types of indicate Leading indicators coincidental indicators a
what is chemical combination
who is a rational producer?
Money market, labour market, goods market
Returns to Scale Measuring relationship between scale (size) of a firm and output 1. Increasing returns to scale: output more than doubles when all the inputs are doubled
explain normal profits and abnormal profits
They take deposits which mean borrow money and make loans which means lend money. The interest rate they pay on the deposits is less than the interest rate they charge on their loa
WHAT IS PPC
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