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Question : (a) Using a simple example, diffrence between inter - industry trade and intra - industry trade? (b) Illustrate the reasons for the existence of external economie
law of diminishing marginal returns does not hold then output of the world can be produced in a flower pot. Explain?
Use of ppc in microeconomics
Real and nominal GDP, GNP, and Intrest rates, Stock & flow variables, Disinflation, Inflation rates, unemployement rates, labor force, participation rate, output per person, GDP d
ppf
Economic Cycle The economic cycle is the long-standing sample of alternating times of economic growth (expansion) and decline (recession), followed by changing economic indica
A company a product using labor (L) and raw material (R) with Q = 80L^0.2 R^0.8. If labor costs $20 per hour and raw material $40 per unit, what is the optimal combination (least c
How to prepare an assignment of Monopoly in economics#Minimum 100 words accepted#
2ALBr3+3K2so4--->6KBr+1Al2(so4)3
do you agree that according to econmy theory a business will always close if its total reveneu cover total costs
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