1, Microeconomics

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What is Expenditure Function? The Expenditure Function: When preferences satisfy the local nonsatiation assumption, in that case v(p, m) will be strictly increasing into m.

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Consumption theory, brief explain of keynesian consumption theory

brief explain of keynesian consumption theory

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"Consider a market with n firms occupied in Bertrand competition. These firms have in common dissimilar marginal costs but any number of them may also have equivalent marginal cost

Oligopoly, stackelberg,bertnart,cournet about oligopoly

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Moving Average Methods: Under this methods the moving average to the sales of the past years is computed. The computed moving average is taken as forecast for the next year or peri

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