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4. (a) What are the factors that determine elasticity of any good? (b) Why good news of farming is bad news for farmers? Illustrate
4. (a) What are the factors that determine elasticity of any good? (b) Why good news of farming is bad news for farmers? Illustrate with the help of elasticity and total revenue. How crop restriction works as insurance during the bumper harvesting season? (c)Does drug interdiction increase or decrease drug related crime?
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A 1the position of goods in the consumers budget the position of goods in the budget determines how much the consumer will spend on the good The more ...
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Personal Finance Turning Money into Wealth
Authors: Arthur J. Keown
7th edition
978-0133856507, 013385650X, 133856437, 978-0133856439
