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What is use of analytical tools in the modern economics? Analytical Tools: Modern economics also gives different powerful analytical tools which are usually specified by geo
Name the five types of capital. The five types of capital are: natural capital, manufactured capital, human capital, social capital and financial capital.
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.
Monopoly: Monopoly is a market structure in which there is a single firm producing a commodity or providing a service that has no close substitutes. As the sole supplier to it
the law diminishing marginal utility explain through flow chart
Ask question # how do you formulate a demand and supply equations when you a table of prices, quantity demanded and supplied?
brief explain of keynesian consumption theory
"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
stackelberg,bertnart,cournet about oligopoly
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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