Modern Economics - Example: Economics of a Cupcake Factory
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Modern Economics - Example: Economics of a Cupcake Factory

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    Sufi M.
    ET
    Sufi M.

    Good

    Momoh Mohamed T.
    SL
    Momoh Mohamed T.

    All the talk today is about are we going to see inflation or deflation. And before we do that, I think it's really important to get a microeconomic level understanding of why do prices increase or decrease. We'll do a little example of me starting a business and when do the prices increase or decrease in that market? So let's say I wanted to start a cupcake factory

    Matete S.
    LS
    Matete S.

    good economics indeed

    Sadia N.
    PK
    Sadia N.

    it was a simplest version of making profit out of ur factory. when nothing remain constant u get what? either loss or nothing

    Abdullahi Hassan M.
    KE
    Abdullahi Hassan M.

    degradation applies where?

    Frank K.
    GH
    Frank K.

    good

    Frank K.
    GH
    Frank K.

    the use of scarce available resources to satisfy unlimited wants by cupcake factory

    Frank K.
    GH
    Frank K.

    very good practice of economics

    Frank K.
    GH
    Frank K.

    how can I progress to the next level of the of the course

    Pearl B.
    IN
    Pearl B.

    well explained with easy understanding

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