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using ? tools of economic highlight on comsumption
(a) Describe the different types of inflation in a country. (b) Describe the trade-off between inflation and unemployment, using appropriate diagrams. (c) Mauritius has bee
Problem 1: How can a manager of a supermarket maximise total revenue using various concepts of elasticity of demand? Use examples to illustrate. Problem 2: What are the
Lakshani has $5 to spend on pens and pencils. Each pen costs $0.50 and each pencil costs $0.10. She is thinking about buying 6 pens and 20 pencils. The last pen would add five time
explain consumer equilibrium diagrammatically as well mathematically by using necessary and sufficient conditions
comprehensively discuss the market structure in the South African mobile telecommunication industry
Use of ppc in microeconomics
Define the concept of cross elasticity of demand
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How the above would apply to non-renewable resources such as oil. This has general applicability to any competitive market. The issue here is that potential supply has a finite
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