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Questions & Answers

what is law of demand
Hugo Reply
what is the law of demand
Hugo
What is the law of demand
Hugo
just considering the relationship between price and quantity, holding other factors constant.
Donation
sir define me prison of delima
Ibrahim Reply
explain the determinants of derive demand?
what financial market is all about
Emmanuel Reply
What happens to the ppf curve due to following events a) A relaxation of policies allowing more foreign direct investment into the country b) Increasing the minimum wage level c) A decrease in expenditure on research and development d) An increase in the retirement age
luvi Reply
is truly
Ibrahim
Discuss various from the imperfect competition
ZuBaIr Reply
hi how do get your workers to be more competitive
Margaret
hey where from you all
Wani
kashmir
Ahmad
tell me the defference between budget constraint and limited resources
Emmanuel Reply
what is budget constraint?
Emmanuel Reply
Budget constraint refers to all the combinations of goods and services which an individual can buy on a given price and with his given income.
Mandeep
what are the job markets for an economist?
Emmanuel Reply
An economist can serve as a consultant in a bank, whether commercial or governmental. He can also works as a Professor in the University, analyst and forecaster and other sectors of the society
Mayen
can l know tbe maln mathematical topic required for studing economics?
Emmanuel Reply
You'll need knowledge in calculus
Amos
bbs 1 St year economics note dinu
Laxman Reply
What is taste and preferences
Jacjac Reply
sir please tell me what is statitics
Ankita Reply
what is demand?
BtsARMY Reply
a dire need of something
Akhir
by consumers
Akhir
such as the quality of life
Akhir
Demand simply means the amount of goods and services a consumer is willing to purchase at a given price level at a given period of time in the markets.
Heron
quantity of goods or services a buyer willing to buy at certain period of time give other things are equal. Or it is simply the willing + the ability.
palma
thanks
BtsARMY
What is income effect? please tell friends 🙏
BtsARMY
Income effect simply defines how the change in price can change in the quantity that consumer will demand of that good . It means if price increases the demand to buy that good decreases because price of a good directly effects on real income.
Mandeep
change in price and the effect on quantity demanded.
Saviera
how do you derive a marginal value product and average value product equations from cobb Douglas production function?
Tebogo Reply

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Source:  OpenStax, Microeconomics. OpenStax CNX. Aug 03, 2014 Download for free at http://legacy.cnx.org/content/col11627/1.10
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