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ECM101 – MICROECONOMIC POLICY ASSIGNMENT 1 General Guidelines: This assignment comprises two sections and you must answer all questions in each section. Answers must be explained
what is the theory of Second best? Prove the theorem with the help of a diagram.
assumption of mariss model
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bain''s model of limit pricing with diagram
Measuring Cost: Which Costs Matter? Accounting Cost versus Economic Cost - Accounting Cost Actual expenses and adding the depreciation charges for the capital equip
Consider the following duopoly with differentiated goods where x 1 and x 2 denote the amounts of the goods 1 and 2 respectively, with prices p 1 and p 2 . The demand funct
short run equilibrium of the industry
factor afecting the demand for durable product
Illustrate and discuss the impliction of various market structures(competitive and non-competitive)
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