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how does pp curve solve the problem of how to produce, what yo produce, and when to produce?
what is risk diversifications
Laspeyres index The Laspeyres index tells us that: - The amount of money at present year prices which an individual requires to purchase bundle of goods and services which w
Explain what the natural rate of unemployment is. It is necessary here to include a solid explanation based on economic concepts. The natural rate of unemployment is the rate o
DISCUSS THE COMPENSATION PRINCIPLE OF KALDOR -HICKS
the prevalence of excess capacity is the direct consequence of the existence of monopolistic competition
DEMOGRAPHIC PROFILE: A demographic profile of India can be prepared out of the data collected by the office of the Registrar General of India who is the responsible authority
do you think that dimnishing returns to a factor are consistent with increasing returns to scale? explain with suitable diagram and reasoning.
graphical illustration describing the influence of an increase in immigrants on the market supply of labour
Explain about the optimal consumption rule. The optimal consumption rule: While a consumer maximizes utility, the marginal utility per dollar spent should be similar for all
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