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picture1_Production Economics Pdf 128318 | Cambridge Igcse Economics 0455 Complete Notes P


picture2_Production Economics Pdf 128318 | Cambridge Igcse Economics 0455 Complete Notes P picture3_Production Economics Pdf 128318 | Cambridge Igcse Economics 0455 Complete Notes P

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File: Production Economics Pdf 128318 | Cambridge Igcse Economics 0455 Complete Notes P
Syllabus - Syllabus Cambridge IGCSE Economics 0455 SECTION 1 The basic economic problem Chapter 1 - The nature of the economic problem* The economic problem - unlimited wants exceeding finite ...

icon picture PDF Filetype PDF | Posted on 14 Oct 2022 | 2 years ago

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...Syllabus cambridge igcse economics section the basic economic problem chapter nature of unlimited wants exceeding finite resources this arises due to scarcity so consumers can t have everything they want limited income workers make decisions on what jobs do time is producers decide are scarce governments how spend tax revenue good a product which requires produce it and therefore has an opportunity cost free does not require any goods much more rarer than factors production land labour capital enterprise gifts available for eg itself coal rivers etc mental physical human effort used in producing services doctor cricketer made tractor robots risk bearing key decision making business mobility occupationally mobile but other form either be or immobile however geographically mostly depends various differences salaries prices availability housing different areas countries family ties educational systems lack information restrictions movement visa example computer partially s basically entre...
								

							

						
	
												
				
					
					
					
			
					
				
				
		
	

	
		





	

	
				

						

						
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Posted on: 14 Oct 2022 | 2 years ago
										
										
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												Wan learn