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However, over time the economy may become more productively efficient, producing more output for a given level of input; or the economy may gain access to additional factor inputs, also enabling output to increase.
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You may also take it a bit further and check on their licenses and membership of regulatory bodies. Economy is a set of scientific researches, financial structure and activity of people, which provides production, rational distribution and consumption of products and services in human society.
What factors influence costs and how can firms manage costs? Journal of Economic Analysis and Policy 7 1Article Struggling with economics papers?
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Welcome to LSE Research Online, the institutional repository for the London School of Economics and Political Science. LSE Research Online contains research produced by LSE staff, including journal articles, book chapters, books, working papers, conference papers.
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