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What are economic sectors? For the functions of analysis the production of goods and services can be classified in four groupings as given below: a. Primary sector b. Se
For the special case when firms are price takers, what is the relation between total revenue, average revenue, marginal revenue and price?
assignment .
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1. Why does the quantity of salt demanded tend to be unresponsive to changes in its price?
Discuss, using examples the economic consequences of a sudden monopolization of an industry that had been previously been competitive
#question."ledger is said to be the principle book of entry and the transaction can be even be directly entered into the ledger account."Elaborate on the statement
Discuss how income flows in governed economy
Problem 1: (i) Assuming a Cournot duopoly where the market demand is estimated as: P = 100 - Q The marginal cost is estimated to be constant at Rs. 10 for the two fir
Ask ques Choose a topic from Micro economics that matters to you and find a recent news article covering that topic. For example following can be some of the useful topics: - Austr
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