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value of marginal product
Determinants of the price elasticity of demand are explained below: 1. Number of close substitutes present within the market - The more and closer substitutes available in the
why constant return to scale is important
Using a demand and supply diagram,analyse the effect on the market for Ghanaian football shirts. a. A fall in incomes in Ghana and neighboring countries
THE WORLD BANK: The World Bank is another of the 'Brettonwoods Twin Sisters'. The World Bank, as it obtains presently, is an umbrella organisation, under which five different
explain consumer equilibrium diagrammatically as well mathematically by using necessary and sufficient conditions
can you help me answer an economics question
What are externalities? Give an example of positive and negative externality and explain why the market outcomes are inefficient in the presence of externalities?
definetion of pricing thery
Explain the difference between a stock and a flow. A stock is something whose quantity is calculated at a point in time, whereas a flow measures the quantity of something ove
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