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Surplus The surplus is a condition under that supply for a good or service is in excess of the demand for that good or service. When this happens, there is commonly a reduction
compare the concept of MRTS with the MRS and discuss the similarities and difference between them?
Williamson’s Model of Managerial Discretion
Female-headed households: The high incidence of unemployment among the educated in general and women in a particular reflects that the pace of creation of diversified employme
houthukkar analysis in micro economics
Productivity:Generally, productivity measures efficiency or effectiveness of productive effort. Productivity can be measured in several different ways. Physical productivity measur
Demand and supply curve for french breads
Theory of Oligopoly: Oligopoly is that situation where the number of firms in the market is large but not as large as in the case of perfect competition so that it is possible for
derive PCC for complementary goods
Why narrowness of definition of a commodity may influence price elasticity of demand
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