Microeconomics UE Past Papers Questions.
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(1440) Question Category: Short answers List the factors that change supply and shiftthe supply curve for agricultural products. Answer / Solution UNSOLVED |
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(1441) Question Category: Short answers Compare and contrast a price ceiling and a price floor. Answer / Solution UNSOLVED |
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(1442) Question Category: Short answers Outline the inefficiencies created by a price floor for an agricultural commodity. Answer / Solution UNSOLVED |
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(1443) Question Category: Short answers What is opportunity cost? Provide an example of opportunity cost that is not explicitly paid for Answer / Solution UNSOLVED |
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(1444) Question Category: Short answers Distinguish between marginal rate of technical substitution and returns to scale. Answer / Solution UNSOLVED |
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