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Cost-based Methods - Replacement Cost
This method takes the value of ecological functions as the recreation cost of these ecological functions through man-made production processes.
It assumes that the benefits provided by an intact ecosystem can be measured and there are alternatives available to provide such benefits.
Types of Policies for Reducing Pollution
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In planning activities how are the decision arrived? what are the different stages of analysis? which factors can be ignored and why? state the manner in which a degree of success
circular flow of income in a frugal economy
Let us now consider a situation in which we know the timing of a change in policy but are unsure about the composition of the future policy. The association of different policy co
Write a short note on product mix efficiency?
Theory of optimal tax system is relevant for tax policy issue
Suppose the firm mark up over the cost is 10% and the wage setting equation is W=P (1-u) where U is the unemployment rate. a) Find out the real wage rate implied by the price se
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