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1. What are externalities? Give an example of positive and negative externality and explain why the market outcomes are inefficient in the presence of externalities? 2. What are
law of diminishing marginal returns does not hold then output of the world can be produced in a flower pot. Explain?
#explain bains theory of limit pricing theory
Return on Equity: It's a measure of business profitability equal to net after-tax income divided by average level of shareholders' equity in the business. Sales Tax: A tax im
FACTORS AFFECTING FLEXIBLE EXCHANGE RATE: Shifts in the demand and supply schedules for foreign currency take place on accountof a number of factors. Some of them are enumerat
(a) Suppose Scientists discover that eating soybeans prevents cancer and heart disease.
What is Deflation? Deflation in economics refers to reduce in the general price level, i.e. the nominal cost of goods and services as well as wages reduce. As, it is an opposi
Employee Communication More widely called internal communications, employee communication is must in retaining a happy and productive workforce. Internal communications to e
when total production fall what,s the status of average product and marginal product
When there is a positive expected rate of inflation (i.e., an expected and sustained increase in the levels of all prices), the Benefit Cost Ratio of a proposed project will take o
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