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define for whom to produce
What are externalities? Give an example of positive and negative externality and explain why the market outcomes are inefficient in the presence of externalities
It is important to understand the important characteristics of monopolistic competition. The knowledge of these features will enable the students to know how this form of market st
if the price of labour is 2000 per hour and the price of capital is 1000 per hour.is there an efficiency point of production.
What is demographic transition In the world today not all nations have gone through their demographic transitions. Many countries today aren't rich enough to have begun populat
Profit Margin A measure of organization performance, profit margins measure the percentage return an organization is earning over the cost of production of the items sold.
What mass (in grams) of O2 gas is present in a 36.0 L container at 673.0 K at 23.8 atm O2 pressure if the gas is ideal?
Mercantilism:It is an economic theory from pre-capitalist times which held that a country's prosperity depended on its ability to produce large and persistent surpluses in its fore
During the 1990s, technological advance reduced the cost of computer chips. Explain, with the use of supply and demand diagrams, how the following markets are affected in terms of
how do you create a combined ppc consisting of three people
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