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economics, the production possibility frontier (PPF) represents the point at which an economy is most efficiently producing its goods and services and, therefore, allocating its resources in the best way possible. If the economy is not prod...
Economics is the share of scarce assets amidst vying ends. To some span, effectively everything is scarce - cash, nourishment, water, designated days for the prom... but some assets are scarcer than other ones, and warrant exceptional vigi...
Managerial Economics. The study of Managerial Economics helps develop practical tools and concepts for individuals and businesses. It exceptionally combines the discipline to other managerial Economic Crashes and Booms in the 20th Century T...
Christian churches with a challenge. Commentators have spread blame widely for the scandals: Greed-infected officers, sleepy boards of directors, gutless attorneys and accountants, politicians hog-tied by corporate contributions. But what a...
all societies, both developed and undeveloped. Even during the beginning of our time, goods have been produced, and even traded. Thus to understand a simple economy, consider the following scenario: there are two people who each live on an...
contributes to the industry's disproportionate impact on economic activity is its cyclical nature. Detailed information on the automotive industry illustrates its disproportionate impact on regional and national economic activity. For exam...
gas distribution is influenced by household, commercial, electricity generator and industrial use of natural gas. This paper discusses the causes for shifts in supply and demand for the “Natural Gas”, and impact of availability of substitu...