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Q. Can you explain Cost benefit analysis?
A term used to explain analysis, which seeks to quantify in money terms as many of the costs and benefits of a policy or project as possible, including those for which the market does not give a measure of economic value. The expression is sometimes confined to these monetary costs and benefits alone and sometimes used to describe an analysis of all the welfare costs and benefits.
value of marginal product
functions of taxes
"Assume the local fixed telecommunications company is a monopoly. It costs the company €2 per month to give voice messages service to a customer. Elasticity of demand for voice mes
illustrate and explain the changing demand for big mac using the indifference curve and budget line
explain how macro and micro issues may be represented using production possibility curve
Q. What is Debt Burden? Debt Burden:Real economic importance of a debt relies on interest rate that should be paid on debt and on total income of consumer or business which und
Determinants of the price elasticity of demand are explained below: 1. Number of close substitutes present within the market - The more and closer substitutes available in the
use a graphical illustration to describe briefly what the influence of each of the following would be on the market supply of labour on an increase in immigration..
An increase in the scale means that all inputs or factors are increased in a given proportion. Increase in the scale thus occurs when all factors or inputs are increased keeping fa
(a) Describe clearly how the interest rate is determined in: (i) Loanable Funds Framework; and (ii) Liquidity Preference Framework. (b) According to Liquidity preference
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