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| Topic: |
Business
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| Number of pages / Number of words: |
2 / 324 |
Essay's paper body
So if our economy made only 10 of X and 5 of Y we would be below our PPF. Although it is attainable it wouldn't be efficient. However at the same time if we made 15 of X and 15 of Y we would be beyond our resources and not be attainable.
If we were to substitute product X for fixing computers and product Y for building new computers we can see how they would affect different aspects of a computer store similar to the shop I owned and operated...
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So if our economy made only 10 of X and 5 of Y we would be below our PPF. Although it is attainable it wouldn't be efficient. However at the same time if we made 15 of X and 15 of Y we would be beyond our resources and not be attainable.
If we were to substitute product X for fixing computers and product Y for building new computers we can see how they would affect different aspects of a computer store similar to the shop I owned and operated...
Essay fragment
General points of the essay
Competition leads to a more efficient use of resources
Econ101
Efficient Market Hypothesis
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How has the level of employment/unemployment and national minimum wage legislation impacted on the economy as a whole and how will this effect the economy in the years to come?
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"Reforms made by the Enterprise Act 2002 to the laws regarding administrative receivership, administration and preferential debt-holding created a fairer and more efficient corporate insolvency regime." Discuss.
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