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if a monopolist makes economic profits, new firms enter the market and compete with the monopolist in the long run.
Define Nash equilibrium and explain with the help of the game ''prisoner''s dilemma''.
A type of economy (like in Europe in the Middle Ages) which is primarily agricultural however productive enough to support a class of merchants andartisans. Feudal societies are co
Compensated Demand Curve: Compensated demand function for a commodity (say x1) of an individual consumer represents demand quantity for that good (which is purchased by the co
The Bushman Cinema is the only movie theatre located in the medium-size country town of Sleepy Hollow. The owner wants to charge an admission fee of $10 per seat and past experien
Q. What is Gini Coefficient? Gini Coefficient: A statistical measure of inequality. A Gini score of 0 signifies perfect equality (in which each individual receives the same inc
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Describe Ionization energy or ionization potential and The factors affecting the ionization energies
excess reserve make a bank less vulnerable to runs.why
Determinants of reserve price
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