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Problem : (a) Using examples of Least Developed Countries, explain the: (i) causes of market failures; and (ii) consequences of market failures (b) Describe the common
price of laptop increases by 20% and there is a 40% drop in the quantity demanded?
explain normal profits
4 models
Assume the banking system contains: Total Reserves $ 80 billion Transactions Deposited $800 billion Cash held by public $1
chemistry assignments , Some normally nonmagnetic substances are attracted by a magnetic field and studies of these "paramagnetic" substances give information about the number of
#1 explain with the aid of diagram the effect of an increase in demand for palm oil on the equilibrum position for palm kernel
explain and illustrate the changing demand for big mac using indefference curve and budget line
what is consumer''s choice involving risk.preference toward risk.
Suppose Dlamini has R5 000 to spend on trousers and shirts. The price of trousers is R500 each and that of shirts is R312.50 each. 6.1 Use the information and calculate consumer eq
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