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thoery explanation
What is Rubenstein''s model in Game theory? A Rubinstein bargaining model is mainly refers to class of bargaining games which is main feature of alternating offers through an infi
What is utility maximization according to consumer behavior? Consumer Behavior: Utility Maximization A foundational hypothesis onto individual behavior within modern econ
Business sell to households in the resource markets, but households sell to businesses in the product market
explain the relationship between scarcity,choice and opportunity cost
elasticity of demand for demand function Q=10-2p for decrease in price from Rs 3 to Rs 2
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How has the Haberler''s theory of opportunity cost an improvement over the classical theory of trade
How does the production possibilietes curve relate to present day economics?
Current Daily Status(CDS): The reference periods (i.e. a year, a week and a day) are basically used to describe the period for which the workers are employed in the economy. T
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