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    Suppose you could buy shoes one at a time, rather than in pairs. What do you predict the cross-price elasticity for left shoes and right shoes would be?

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Questions & Answers

what is demand and supply
Lansana Reply
what is liquidity
VICTOR Reply
the ability to easily turn asset or investment to cash
Johnson
liquidity is refers to the ease with which an asset or security, can be converted into ready cash without affecting it's market price. example is milk and checking a account in the bank.
Gyamfua
the meaning PPP is public _private partnership and PPP in economic is purchasing power_parity.
Gyamfua
what is economy production
Miracle Reply
what is Monopoly
Miracle
what is monopoly
Aina Reply
what is the full meaning of gpa?
Eedris Reply
why the firm will be happy to make normal profit?
Anold Reply
1.to make further increase 2.to established the firm 3. to draw and attract more customers 4. to foresee the future of the firm. 5. to get goods in galore
Castino
when marginal utility is zero? what is the total utility?
Scott Reply
definition of choice?
Anick Reply
it refers to the act of selecting one alternative from the other
Donfack
State and explain three advantages and two disadvantages of capitalist economic system
Ghislain Reply
What is cross elasticity of demand
Justice Reply
Is a demand in which the of goods change over time.
Shadrick
How can I join
Shadrick
join what?
Castino
it measure the extend in which the quantity demanded of a good respond to change in price of other good.
Donfack
refers to sensitivity of quantity demanded in change of price of commodity
Daniel
meaning of PPP
OBANYI
What is balance of payments
Bah Reply
what are free good
Maillot Reply
how do you determine price change
Matri Reply
what is economics?
Yaya Reply
what is economic
Nana Reply
Economics is the study of how Individual consumer, institution and society as a whole uses its available finite resources to satisfy infinite needs and wants
Richard
Explain the following concepts using suitable exemple. 1) National budget. 2) National debt
Rosalie

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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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