Q1. Explain how did the early classical economists view the relation between productions also consumption?
Q2. The Environmental Controls Corporation (ECC) is a multinational manufacturer of materials handling, accessory also control equipment. During the past year, ECC has had the subsequent cost experience after introducing a new fluid control device:
Q3. If we think of the economy as a production process, illustrate what are the five inputs or factors which Conclude aggregate output? Which results in intensive growth also which in extensive growth? Which one is maintainable also why?