components of microeconomics , Microeconomics

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Supply of Basic Industrial Inputs: Allowing their duty-free imports by exporters would require an elaborate machinery of customs and import licensing to ensure that the impor

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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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Consumers purchase a house or multiple dwellings for a number of reasons. But what is the rationale behind their decision to buy and/or sell a house, flat or apartment? Do consumer

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using necessary and sufficient condition explain consumer surplus diagrammically and mathematically?

Determinants of private demand - waiting-time for employment, Determinants ...

Determinants of Private Demand - Waiting-Time for Employment ‘Waiting time’ for employment is another important factor. The waiting time varies from course to course. For inst

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What is the Adam smith view of "invisible Hand"?  Invisible hand is an unknown power which is working for the interest of total economy. In any economy, everybody cares for his

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