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Q. Define Contribution Pensions?
Defined Contribution Pensions: A pension plan which makes no specified promise about level of pension paid out after retirement. In its place, a pensioner's income depends on the amount of money accumulated in a pre-funded retirement account, on investment returns and on interest rates at the time of retirement.
The distinction between supply and the quantity supplied is best made by saying that
The enzymes are highly specific in nature. During enzymatic reaction the enzyme is so built that it binds to the substrate in a specific manner. The stepwise mechanism of enzyme ca
In a perfectly competitive market the price of the product is?
f(x1 x2,x3,x4) =min(x1/4x22/3,x3+2x4)
Find the best response functions and the mixed strategies Nash Equilibrium if each player randomizes over his actions.
What is meant by non Price Competition? In which market structure does it exist? None price competition is an effort put by the supplier to earn extra profit without enhancing
1. Describe why government regulation is required, citing the major reasons for government involvement in a market economy. 2. Justify the rationale for the intervention of gove
Illustrate about the elasticity of substitution. The Elasticity of Substitution: The technical substitution’s marginal rate measures the slope of an isoquant. As well the el
Jane receives utility from days spent travelling on vacation domestically(D) and days
what is budget line?show the shift in the budget line
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