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Profits University creates student credit hours (y) with two inputs: Professors' hours of work (x1) and TAs' hours of work (x2) according to the manufacture function: f(x1,x2)= 10x
if coast of good A fall by Rs.1 & coast of good B increases by 1 Rs. what will be the effect on budget line
ADVANTAGES AND DIS ADVANTAGES OF MONOPSONY
Who are the competitors in the jarred baby food market? What market share do they have? How do Heinz and Beech-Nut compete with one another? Are the barriers to entry high or low f
what is consumer''s choice involving risk.preference toward risk.
explain the central problem of economy with production possibility curve?
Welfare Analysis 1-Of the following four institutions for allocating apartment to different people at different prices i. The competitive market ii. A discriminatin
what does General Equilibrium in consumption means?
In this section, we ask you to write down a simple, formal, mathematical model. A small number of points will be awarded for an intuitive discussion of the problem, but most of the
Mercantilism:It is an economic theory from pre-capitalist times which held that a country's prosperity depended on its ability to produce large and persistent surpluses in its fore
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