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PLEASE HELP ME!! Outline the factors that may lead to the occurrence and persistence of a a market disequilibrium. Explain the difference between 'real' and
PLEASE HELP ME!!
- Outline the factors that may lead to the occurrence and persistence of a a market disequilibrium.
- Explain the difference between 'real' and 'pecuniary' economies of scale of a firm
- State six assumptions of the marginal productivity theory of wage determination
- Enumerate six barriers to occupation mobility of labour
- Explain five causes of the u-shaped long run average cost curves of a firm
- Summarize six barriers to geographical mobility of labour as a factor of production
- Highlight six measures that could be adopted by a government to enhance mobility of labour as a factor of production
- Argue four cases for and fours cases against specialization as a method of production
- Highlight four features of isoquant curves
- Enumerate six attributes of money as a medium of exchange
- Enumerate five sources of external economies of scale
- Explain the lawof variable proportions
- Enumerate four assumptions underlying the law of variable proportions
- Identify the sources of diseconomies of scale
- List three properties of isoquant curves
- Highlight four salient features of a monopolistic competition market structure
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