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Economics

Q. Point A on a linear construction possibilities curve represents a combination of 12 coffees also 3 cappuccinos also point B represents 3 coffees also 6 cappuccinos. Assume coffees are on the vertical axis also cappuccinos are on the horizontal axis. The opportunity cost of a cup of coffee is?

Q. The craft unions electricians, carpenters, other possess considerable power to raise wages than do industrial unions automotive workers, steel workers, etc. How would you Elucidate thisin terms of demand elasticity?

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Business Economics, Economics

Category:- Business Economics
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