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what are things you need to look in manner of functions,elements,purpose,types and definitions?
Assume that John has the following preference relation over two goods, bread and bear (x1, x2). He strictly prefers any bundle x over y whenever x haves more bear than y, whatever
"As long as consumers are willing to pay a positive price for a good, the larger is the quantity formed, the greater is the total surplus from trade." Explain this statement if i
#question.theories of cost
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What are the different pricing practices?
Why Average Revenue= Marginal Revenue
How can we test adulterants in vegetable oils?
The basic concepts of price theory
Explain the term Laissez-Faire The term "laissez-faire" is used to explain an economic system where the government intervene as little as possible and leave the private sector
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