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different types of production funtion and curve given by different economist
1. By using the Production possibility Curve (PPC), analyze the microeconomic theories such as scarcity, choices and opportunity costs. Provide relevant graph with numerical exampl
National income: The national income or product or expenditure provides a measure of total value at factor cost of final goods and services, which are available either fo
what is the south africas governments standpoint on international trade
Production possibility frontier PPF is a combination of two or more goods a which a country can make in a given timeline or period with resource fully employed.
You are examining the effects of a specific tax of 10 cents imposed on the sales of a product that we shall call XYZ. To carry out your analysis, assume that the market is a perfec
politicians are often heard saying that tuition at state universities should be kept low to make equation equally accessible to all residents of the state, regardless of income
causes for emergency of monopoly
define perspective of managerial economics.
how does the prices system affect a country
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