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Determinants of Private Demand - Non-Monetary Benefits
Social status associated with university degrees is a determinant of investment decisions in higher education in the case of certain cross sections of society. Some studies have revealed that children from families of large farmers who do not intend to or need to go for employment would still prefer to acquire higher education to distinguish themselves in their immediate neighbourhood.
As has already been noted, the social status and marriage prospects of women goes up if they possess a university degree.
ELASTICITIES OF SUPPLY AND DEMAND Usually, elasticity is a measure of the sensitivity of one variable to the other. It told us the percentage change in one variable in re
Austrian economics is a brand of neo-classical economics that was established in Vienna during the late 19th century & first half of the 20th century. Austrian economics was strong
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#question.explain three neccessary condition to achieve pareto efficiency.
# define output#
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