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diagrammatically condition of consumer equilibirium
Capital Gain: A capital gain is a form of profit which is earned on an investment by re-selling an asset for more than it cost to buy. Assets that can be purchased for this purpose
Explain the importance of well-established property rights in the method of development. Definition of property rights should not begin and end with owning land and buildings b
INTERNATIONAL DEVELOPMENT ASSOCIATION: International Development Association (IDA) is an affiliate of the IBRD. It was established in 1960 to provide "soft loans" to economica
#questASSIGNMENT #1 The demand function for Product X is given by: Qdx = 80- 2Px- 0.05P²x -0.2Py + 4Pz + 0.01I+ 2A Where: Px Price of good X $120.00 Py Price of related good y $100
Explain about the money metric utility functions. The Money Metric Utility Functions: It is a nice construction including the expenditure function which comes up into a vari
Why Average Revenue= Marginal Revenue
discuss how the price mechanism allocate resources in a free market system
how does the charging the monoply a specific tax per unit affect the monopoly optmum and 5the welfare of consumer
advantages and disadvantages
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