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Microeconomics Assignment

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   Related Questions in Microeconomics

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    Why payment of interest is treated as revenue expenditure? Answer: Since it does not cause any decrease in the liability of government.

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    Q : Short-run consequence of hurricanes

    A probable short-run consequence of a devastating sequence of hurricanes smashing by Florida would be: (w) reductions within the prices of building materials. (x) raises the price of tickets at Disney World. (y) declining demand for Florida oranges due to higher price

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  • Q : Problem of recession shrinks incomes on

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    Describe the law of demand with help of a schedule diagram? Answer: The Law of demand states that there is an inverse relationship among the price of a commodity an

  • Q : Price elasticity of demand coefficient

    Select the right ans wer of the question. The price elasticity of demand coefficient measures: 1) buyer responsiveness to price changes. 2) the extent to which a demand curve shifts as incomes change. 3) the slope of the demand curve. 4) how far business executives ca