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COD is complement d` object direct, while COI is complement d`object indirect.COD:-it is the word that responds to the questions: qui (who) and quoi (what)-example 1: J`...
1) The availability of substitutes: The greater the number of substitutes, the more elastic the good. As consumers can easily switch to consuming other goods if the price of one good rises.
2)...
Macroeconomics is the study of aggregate behaviour of the economy. The main macroeconomic variables include output, employment, inflatio...
Firstly, identify three macro-economic objectives 1. Unemployment at 3% 2. Balance of payments surplus 3. Economic Growth of around 2-3%
Inflation will compromise unemployme...
Internal economies of scale relate to the firm itself (and only that firm), there can be an increase in its overall capacity or an increase in all of its factors of productions (FOPs)- this is a long ...
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