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Discuss about the language and methods of mathematics in modern economics.
Language and Methods of Mathematics:
This section reviews some fundamental mathematics results as like: continuity and concavity of purposes, Separating Hyperplane Theorem, fixed point theorems, optimization, correspondences (that is point to set mappings), KKM lemma and maximum theorem and many more that will be used to prove some results within the lecture notes.
what are the sources of monopoly power
Sita expects her future earnings to be worth Rs. 100. If she falls ill, her expected future earning will be Rs. 25. There is a belief that she may fall ill with probability of , -
firm''s product sells for Rs.200 per unit in a highly competitive market. The firm produces output using capital (which it rents at Rs.7500 per hour) and labor (which is paid a wag
Impact of government legislations on business in india Government in India plays a dominant role in the Indian business activity. It directs and regulates the private business and
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stackelberg,bertnart,cournet about oligopoly
EXPLAIN KINKED DEMAND CURVE
What is third degree price discrimination? Explain with case analysis,give two successful & unsuccessful cases of 3rd degree price discrimination.
1. The marginal benefit (demand) curve for pollution for an industry is P=100-4*Q, where Q is emissions in tons. The current emissions tax (price) for pollution is $40/ton. Regu
maximum profits will occur at the output level
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