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negative slope on ppf represents what?
Random sampling is a technique for sampling which we can select a group of subjects or a sample for study from a larger group or a population. Each entity individually is chosen en
Type of total outlay
How do we evaluate the value of money? Supply and demand verifies the value of a currency. If demand is high, the value rises, and vice versa. Factors that affect supply and de
objective of afirm
Problem: (a) Given TR = P×Q, Show that Note: TR is total revenue, P refers to price, Q refers to quantity demanded, MR denotes marginal revenue, and ε d shows the p
How has the haberler''s theory of opportunity cost an improvement over the classical theory of trade
how do I explain the hicksian and slutsky theory of consumer behaviour in an examination
discuss how economic theory explains the optimum pattern of consumption of an individual consumer
In neoclassical economics, equilibrium exists when supply equals demand for a particular commodity. General equilibrium is a special (purely hypothetical) condition in which every
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