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Explain why a perfectly competitive firm does not expand its sales without limit if its horizontal demand curve indicates that it can sell as much as it desires at the current mark
discuss and illustrates the following terms with diagrams1.inferior goods.2.normal goods,3.giffen goods
For the following assume that b=.95 1, If the economy is short of the full employment level by 1.5 trillion, what could be done in the simple Keynesian cross model to fill the ga
define economics in plural sense. .
composite supply v/s joint supply
Q. Define Economies of Scale? Economies of Scale: Most economic production requires producing firm or organization to make an initial investment (in real capital, in design and
How does a
What is the difference between houehold and consumers?
Motives of regional financial institutions: There are mixed motives for the donor countries to provide development assistance to developing nations. While a desire for poverty
I need help with filling out the bank balance sheet.
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