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Illustrate the roles of mathematics in modern economics? Roles of Mathematics in Modern Economics: Mathematics has become a significant tool into modern economics. Mostly
This is a very common methods of forecasting demand. Under this methods a relationship is established between quantity demanded( dependent variable) and independent variables such
do you think that dimnishing returns to a factor are consistent with increasing returns to scale? explain with suitable diagram and reasoning.
demand for risky assets
state 3 major assumptions which a production posibility is based
what is the influence of an increase of migrants on the market supply labour
consumer equilibrium by indiffrence curve approach
Determine the oldest ideas in economics One of the oldest ideas in economics is that increases in technology certainly run into natural resource scarcity and so lead to increas
# define output#
What is the theory of second best? Prove the theorem with the help of diagram.
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