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A spherical wave is reflected from a planar mirror sufficiently far from the wave origin so that the Fresnel approximation is satisfied. By regarding the spherical wave locally as a plane wave with slowly varying direction, use the law of reflection of plane wave to determine the nature of the reflected wave.
Features of monopolistic competition: Large number of firms in the industry. There are many small firms each supplying only a small share of the total market output. Hence, no
What are the income and cross elasticities of demand? Why might they be useful? Explain.
Direction of Trade: It is indicative of the structure and level of economic development. As a country develops and its trade gets diversified, it has to seek new outlets for i
indifference curve and budget line
I wanted to the fixed and variable costs of breadtalk in singapore from economic perspective
Market intervention by government Government intervenes in various degrees in different countries. Free economy is almost non-existent in the modem world. In real world, the form,
explain consumer equilibrium diagrammatically as well mathematically by using necessary and sufficient conditions
How to use Demand and Supply tools to analyze the case of the Egyptian labor market?
sources of oligopory
Suppose the demand curve for a consumer for coffee is: Q = 6 – 2P, where Q represents the number of cups per day and P is the price of coffee per cup. Question: Sppose the co
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