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  1. S

    Economics, Accounting & Business: Post your doubts here!

    I guess it must be D since GDP growth rate has increased inflation decreased and unemployment also decreased
  2. S

    Economics, Accounting & Business: Post your doubts here!

    its simple the answer is D since the trade point is H which lies in PPF it will be productively efficient but Alloc Eff is not sure
  3. S

    Economics, Accounting & Business: Post your doubts here!

    At $1o if it employed 3 workers the MRP would be 2$ more howevere the increase in wage rate to $14 makes it more costly than MRP at that point Since it employs 2 labour where the MRP will again be 2$ greater
  4. S

    Economics, Accounting & Business: Post your doubts here!

    wage bill increases because the wage has increased + at that wage rate the monopsonist has additional supply which he can employ
  5. S

    Economics, Accounting & Business: Post your doubts here!

    Your arguments are justifiable but i have mainly focused on the PR aspect of their decision and the obj of long term growth
  6. S

    Economics, Accounting & Business: Post your doubts here!

    There is a simple solution PED is equal to lower part /upper part of curve seperated by the point.
  7. S

    Economics, Accounting & Business: Post your doubts here!

    Hey guys Buzz xm went well but i think i got the answer of contribution wrong Could u plz xplain the process
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