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Can someone please explain the Ceteris paribus assumption ?
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ceteris paribus means, all other factors remain constant, that means for example if you are talking about demand, and ceteris paribus then, only price can affect demand, and no other factor like trend, or quality, etc. they all are remain constant.Can someone please explain the Ceteris paribus assumption ?
i need a high level essay on effects of inflation on BOP with statistics for A level?(NOV 06 p2 4b)Re: Any body can ask any thing about ECONOMICS
eco of a levels too?
I teach economics, If anyone of you has any problem in this subject, you can ask here. I will be more than happy to help.
i need a high level essay on effects of inflation on BOP with statistics for A level?(NOV 06 p2 4b)I teach economics, If anyone of you has any problem in this subject, you can ask here. I will be more than happy to help.
yea i can.. the question states that he can produce 1 unit of beef in place of 3 units of lamb, now 1 unit of beef is twice as much as 1 unit of lamb.. so first of all wheneva des type of question cum think of a price.. for instance 50 rs.. now 3 unit of lamb * 50= 150, and 1 unit of beef is twice dat means 50*2 = 100rs.. so he has more profit in producing 3 lambs than twice priced 1 beef..Hi, can you explain question 4 of this paper: http://www.xtremepapers.com/papers/CIE/Cambridge International A and AS Level/Economics (9708)/9708_s07_qp_1.pdf ?
Thank you very much.
internal economies of scale are due to a firm growingWhat is the difference between internal and external economies of scale ?
A question in economics paper (2281) 2012....
Plz help...?!
The effect of a change of one variable is being considered in isolation.Can someone please explain the Ceteris paribus assumption ?
Thank you!yea i can.. the question states that he can produce 1 unit of beef in place of 3 units of lamb, now 1 unit of beef is twice as much as 1 unit of lamb.. so first of all wheneva des type of question cum think of a price.. for instance 50 rs.. now 3 unit of lamb * 50= 150, and 1 unit of beef is twice dat means 50*2 = 100rs.. so he has more profit in producing 3 lambs than twice priced 1 beef..
HOPE THIS HELPED
in year 1 there is an increase of 50$ and in year 2 there is an increase of 5$.. both of d time CPI increased but rate of inflation deflated in year 2.. thus d answer is C
If u have told me before papers my 3 marks would have been saved..... But thanxinternal economies of scale are due to a firm growing
external economies of scale are due to an industry growing
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