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What is a negative externality?
Explain how a country can peg (fix) its currency to another currency. Explanation of a pegged/fixed currency should centre on how the central bank uses the currency market mech
what is isoquant ?
THEORY OF DEMAND: The consumer behaviour under indifferencecurve approach where it is assumed that the consumer possesses a utilityfunction. The next most important theory th
define for whom to produce
I want to know all about equilibruim consumer equilibruim firms equilibruim nd market equilibruim technically also??
Production Process: Production is a process that transforms factors of production or inputs into output of goods and services. Production may be classified into extraction, ma
There are 2 brands of cell phones that are almost identical except for some minor features: the A-Phone and the Pomegranate. Part I Draw the demand curve for the A-Phone. Explain
What is indifference curve and its properties?
when the demand function is 2Q-24+3P=0,find the marginal revenue when Q=3.
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