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What is micro static analysis?
Player 2 C B A 1,2 3,2 B 2,3 a, b Player 1
conditions of pareto optimality
what is dynamic and static multipler
Transfer Payments: Governments typically redistribute a share of tax revenues back to specified groups of individuals in form of several social programs (like welfare benefits, pub
PEST analysis Political factors: The political factors include laws and regulations in the market and this influences the market activities. These laws and regulations a
what makes it differ from other market structures
Consider the following insurance market. There are two states of the world, B and G, and two types of consumers, H and L, who have probabilities pH =0.5 and pL =0.25 (high and low
what is iso curve
Aggregate Supply When referred to in the circumstance of GNP or GDP, aggregate supply refers to the labor and capital needs to proceeds the level of products and services need
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