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causes of market failure and its solutions?
having utility function U(x,y)= x1/2=y1/2, determine the hicksian demand function, expenditure function and indirect utility function.
When is the economic theory useless? One misunderstanding is to under-estimate the role of an economic theory. Several people thought an economic theory useless since they thin
Pure Monopoly: Pure monopoly examined the market structure that is generally regarded as the polar opposite of perfect competition – i.e. the monopoly model. Like the perfect
. the condition for second degree of price
Market equilibrium happens where supply equals demand (supply curve intersects demand curve). An equilibrium implies that there is no force that will cause further changes in pri
#questionr
explain stages and various coordination mechanism involved in policy process
how does the charging the monoply a specific tax per unit affect the monopoly optmum and 5the welfare of consumer
why diminish MRS?
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