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what is the type of the firms
Prove the theory of second best with the help of a diagram
reason for kinked demand curve
State trading is often associated with canalisation. Canalisation means estaolishment of state monomply in foreign trade. In other words, an item that is canalised can be imported
SUMMARY OF THEORY OF PRODUCTION
what is supply and demand
the full detailed of market structure their characteristic ,sources with clear explanation
Consider the following insurance market. There are two states of the world, B and G, and two types of consumers, H and L, who have probabilities pH =0.5 and pL =0.25 (high and low
Suppose the demand curve for a consumer for coffee is: Q = 6 – 2P, where Q represents the number of cups per day and P is the price of coffee per cup. Question: Suppose the
What is the difference between change in quantity demanded and change in demand
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