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During the 1990s, technological advance reduced the cost of computer chips. Explain, with the use of supply and demand diagrams, how the following markets are affected in terms of
Lynne’s income is $2, 000 and she is risk averse. The probability of someone slipping on her stairs is 1 8 . If this happens, she will be sued for $1, 000 and will have to pay that
u=2x^2+3y^2 hence income=310 birr and price=3 birr calculate quntity of x and y the optimize&minmize utilityfor the given income
stackelberg,bertnart,cournet about oligopoly
discuss how economic theory of marginal utility explains the optimum pattern of consumption for an individual consumer
Labour Supply:Total number of workers available and willing to work in a paid position; generally measured by the labour force(even though the labour force usually excludes many wo
What are the economies and diseconomics of scale?
DISCUSS THE COMPENSATION PRINCIPLE OF KALDOR -HICKS
compare the concept of MRTS with the MRS and discuss the similarities and difference between them?
How dose PPC help, illustrate the basic economic problem?
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