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QUESTION
(a) Explain the relationship between scarcity, choice and opportunity cost.
(b) What is market failure and why does it occur in an economy?
(c) Differentiate, using appropriate examples and diagrams, between fixed cost and total cost.
(d) Discuss to what extent a large firm is able to benefit from economies of scale in the television manufacturing industry.
why do businesses have to sped money (expenditure)in order to succeed?
Can you help me with my assingment exael
This is concerned with any one of the following forms. controlling the supply of money controlling interest rates Rationing the amount of credit granted by banks
What are rural and urban sectors? Rural and urban sectors: • Rural sector consider as countryside. 60 to 70 percent of LDC (Less Developed County) population live into r
Below is a given Frequency Distribution Table which needs the Student's attention. Please complete the table as necessary to find the following information: a. What is th
how get atmosphere pollution and its solution
demand and supply curve for luxury goods
The factors that affect the volume of production in economics
what is reasoa
What are Harrod-Domar restrictions? Harrod-Domar restrictions: • Non economic social, cultural, political and institutional circumstances are unimportant into growth pro
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