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Merry Christmas From DiscussEconomics

All the moderators from DiscussEconomics would like to wish all our users and readers a very Happy and safe Christmas. Yes, we called it Christmas, you festivus poles can sit on it. 😛 Also, please have a Happy New Year and don’t forget to bookmark...

Diminishing Marginal Product of Labour

The assumption of diminishing marginal product of labour means that, in order to work more, workers must be offered a higher real wage. We can use this assumption to derive the labour demand curve. This concept, the amount that output increases for a unit increase in...

Alberta Oilsands vs World Oil Market Supply and Price

Here a paper written by one of our members exploring the viability of Alberta oilsands impacting the overall world market price for crude from 2005. Abstract: This paper will investigate the impact production of the Alberta oilsands reserves may have on the world oil...
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