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is a hotdog vendor''s stand a good example of diseconomics of sale?
the meaning of supply
ive been asked to compare shapes of graphs e.g. constant slopes increasing, decreasing, inelastc using the concepts of marginal and average changes?
Which of the following is a free good? Fresh water, forests in the northwestern United States, the advice of economists, or none of the above?
#question.explain three neccessary condition to achieve pareto efficiency.
Use of Income elasticity of demand: Income elasticity of demand on the other hand, has the following uses (i) Income elasticity of demand shows how the pattern of consumer de
Managers: Top directors and managers of larger companies who are assigned the task of organizing disciplining workers, initiating production and accounting to shareholders for perf
You estimate that the price elasticity of demand for one-acre plots in Lusaka is -1.5 and that income elasticity of demand is 5. Land owners intend to increase the price of a one-a
can average labor productivity fall even though total output is rising
discuss the implications of various market structure for price determination
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