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Thank you so much for the guess paper sir!
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Thank you so much for the guess paper sir!
There's an Mcq, "what does NOT cause the demand curve for a good to shift its position?" Choices: a) advertising expenditure b) consumer tastes c) the price of substitute goods d) the price of the good... And the correct answer is D. Can someone explain why is it so?
Ok thank you.
Another one, a country's terms of trade increased from 100 to 120?, if export prices increased by 50% what was the change in the price if the country's imports? I was thinking its (plus) 30% but the correct answer is (plus) 25%, why???
Oct nov 11 p12 q9 help!!!
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