What happen to the quantity of apples demanded
What happen to the quantity of apples demanded when the own price elasticity of demand for apples is -1.2 if the price of apples falls by5%.
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How much will it cost her to produce 70 units of output when the Agatha has a production function 2x1+x and if the factor prices are $8 for factor 1 and $5 for factor 2?
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Explain the social and the economic effects of colonization? How did it contribute the "Price revolution"? Discuss what were the main tenets of bullions /mercantilism?
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