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    fixed cost

    expenditure that must be made before production starts and that does not change regardless of the level of production

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Questions & Answers

who defined economics
Okonkwo Reply
what is another name for inflation
Osola Reply
what is the different between market economic and money
Gisele Reply
what kind of job
Gisele
what is economic
Gisele
what is aggregate demand
mansa Reply
the meaning of nitty-gritty
Kodua Reply
the meaning of nitty-gritty
omotayo
What are the theories of economic development
Bijesh Reply
what are the four basic assumption of perfect competition. explain in words what they imply for a perfectly competitive firm.
Douglas Reply
The four basic assumptions of a perfectly competitive market are as follows: ⋅⋅ The product is identical i.e. each and every firm in this industry is selling an exactly same product without any product differentiation. ⋅⋅ There are many sellers and buyers which means no individual buyer or seller ha
Frank
is economics important in programming world?
Abdul Reply
What is oppunity cost
Kudzanayi Reply
it refers wants that are left unsatisfied in Oder satisfy another more pressing need
Osei
Thank bro
Kudzanayi
is the second altenative to foregone
swedy
How does monopoly and imperfect competion;public goods externalities ass symmetric information, ommon property ressourses; income distribution Merit goods and Macroeconomic growth and stability causes market failure?
Gcina
it is where by a labour moves from one place to another
Amoako Reply
yh
Osei
another
Amoako
yh
Osei
ok
Amoako
what is mobility of labour
George Reply
who best defined economics
paul Reply
what are the importance of economics
Adwoa Reply
answer
Asamoah
trade should be best
Aakash
help to know how our government operates in which system
swedy
1. To solve economic problems. 2. To predict economic event. 3. It also offer intellectual training to students.
samuel
How price elasticity can affect the markets of certain goods
Rhoda Reply
Heyy thanks for the teaching
Easter 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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