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the general characterictics of economic models,its limitations and verification
TC = 1q^3 - 40q^2 + 840q + 1800 Price= $750
This method is also known as Experts opinion methods of investigation. In this method instead of depending upon the opinion of buyers and salesmen firms can obtain views of the spe
Why short run average cost curve is ‘U’ shaped
law
causes and effect of the unemployment
ppf
The income elasticity of demand calculates the responsiveness of the quantity demanded of a commodity to changes in consumers' incomes. This is typically calculated by replacing t
how to find opportunity cost on PPc
Real Interest Rate: Interest rate on a loan, adjusted for rate of inflation. Real interest rate represents real burden of an interest payment. Real interest rates should be positiv
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