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do you think that dimnishing returns to a factor are consistent with increasing returns to scale? explain with suitable diagram and reasoning.
explain nature of microeconomic
to what extent are interest rates determined by the economic theory
how a firm will choose its optimal inputs, isocosts and isoquants explanation
find equilibrium level of income
What does the IS-LM framework mean? The IS-LM model helps us to understand the two opposing theories. The IS (investment/saving) curve shows equilibrium in product markets. Th
subsitution effect dominate tha income effect in which good case?
illustrate graphically the influence of an increase in immigrants on the market supply of labour
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#question.what is elasticity of demand? .
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