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what is modern theory
Dynamic Changes in Costs: The Learning Curve * The learning curve measures impact of worker's experience on costs of production. * It describes relationship between a firm
How to solve questions of endowments?
Why is the goal of stability and security important to many people? What problems typically emerge during periods of instability? The instability over the business cycle can b
TREND AND STRUCTURE OF INCOME: Each sector of the economy employs natural, human and material resources and contributes to the aggregate flow of goods and services during a gi
differentiate between normative and positive statements in economics with the help of a statement
Ask qExplain why each of the following factors may influence the own price elasticity of demand for a commodity. (i) Consumer preferences, that is, whether consumers regard the com
what is the theory of second best? prove the theorem with the help of a diagram.
What is main difference between capital intensive goods and primary products? Primary product means the major product in which the firm is dealing. Capital intensive good mea
Lovers of classical music persuade Congress to impose a price ceiling of $40 per concert ticket.
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