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Shortage
A condition under that the quantity demanded for a good or service exceeds the available supply for that good or service. Shortages usually cause a rise in price to restore market equilibrium in the short term.
explain 6 factors that determine volume of production
CAUSES OF SLOW GROWTH: A recent empirical study seeks to explain statistically the variations in inter-country growth rates. The global pattern of growth is shown to depend on
Define the Production Possibilities Curve
Use of ppc in microeconomics
differance between capitalism and socialism
chemistry assignments , Some normally nonmagnetic substances are attracted by a magnetic field and studies of these "paramagnetic" substances give information about the number of
PEST analysis Political factors: The political factors include laws and regulations in the market and this influences the market activities. These laws and regulations a
explain budget line?
Economic Value to Customer Economic Value to Customer = EVC x = [LifeCycle costs of a competitor's product in relation to a home firm] - [Start-up Costs for the home fir
STETE THE THEORIES OF DETERMINATION OF RENT
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