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    What are some ways that governments can help people who lose from trade?

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Questions & Answers

Meaning of a monopolist
Lindah Reply
single line product
Muhammed
what is monopoly
Sewu Reply
Monopoly is a market structure where there is single seller or producer of a commodity which has no close substitute.
Jose
explain law of increasing opportunity cost
Glennis Reply
how many labour market are there in Nigeria
Ayinde Reply
what is monopoly?
Prince Reply
it is a type of imperfect market where there are single seller of a product
Kehinde
what is society's basic economic problems?
ABDI Reply
scarcity
Solomon
another definition of economic s
Louisa Reply
what is economic s
Louisa
is the study of the individual interest
Tut
or the study of the scarcity
Tut
Is an inquiry to the nature and causes of wealth to the nation
IBITOYE
economic as social science which covers the actions of individuals and groups of individuals in the processes of producing, exchanging and consuming of goods and services.
ABDI
compar and contrast the four market structure
Alamuddin
The study or principles of the way money, business and industry organized.
Arsh
what is optimal biomass
Sheikh Reply
biological approach in economics
Sheikh
What is the difference between pure monopoly and natural monopoly
Joseph Reply
what is price elasticity demand
Alex
Explain the law of demand
Manoj
hello my name is Godwin David am an economics student
GODWIN Reply
what's the opportunity cost for free goods?
Bah
A free good is a good with zero opportunity cost . This means it can be consumed in as much quantity as needed without reducing its availability to others.
Wilfred
yes tucker, a free good is available without limit therefore, it is not scarce at all. ...Aviation economist.
Frank
I'm Daniel
Daniel
I'm new here
Daniel
U welcome
Wilfred
what is the demand and supply of QD is equal to 4040 thousand
Prince Reply
uses and limitations of elasticity of demand concept
Tinodaishe
Elasticity of demand refers to the degree of responsiveness of quantities
grace Reply
Thanks
Ogbonna
Hi everyone
Ogbonna
I need all the formula for elasticity of demand
Dogbeda Reply
%∆QD/%∆P formula for elasticity of demand
divine
for that of income elasticity %∆QD / %∆I
divine
and that of cross elasticity of demand %∆QDx / %∆Py
divine
economics is a science which studies human behavior and it's alternative uses as means and scarce resources
Joycelyn Reply
I think the right way to put it is, Economics is a social science that studies human behavior as a relationship between ends and scarce means which has alternative uses.
IBITOYE
given that following demand and supply equation
Issah Reply

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Source:  OpenStax, Principles of economics. OpenStax CNX. Sep 19, 2014 Download for free at http://legacy.cnx.org/content/col11613/1.11
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