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show that the necessary and sufficient conditions for consumer equilibrium under both cardinal and ordinal utility theories are identical .
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If one person can produce 1 fish and 10 oranges per hour and works 5 hours a day.another person can produce 2 fish and 20 oranges per 2 hors and works 8 hurs a day then who has the
Effect of Gasoline Tax with Rebate Assume -Income = $9,000 - Price of gasoline = $1
Briefly explain the main macroeconomic objectives of governments. Definition of macroeconomic issues Growth a) Enhance in national income per unit of time, a
HOW TO REDUCE SMOKING USING INDIFFERENCE S AND BUDGETLINE
What is utility maximization according to consumer behavior? Consumer Behavior: Utility Maximization A foundational hypothesis onto individual behavior within modern econ
How solve central problem of economy in mixed economic system?
The least square method is based on the assumption that the past rate of change of the variable under study will continue in the future. It is a mathematical procedure for fitting
Consider the following linear program in primal form and develop the dual formulation in a detailed manner. Use matrix notation in developing the dual. Clearly express all the dual
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