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Economic instruments Financial rewards, incentives and penalties that operate automatically via market forces, to encourage beneficial behavior.
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what are the uses of elasticity to the private sector
If we have two products, A and B, which are substitutes, we can expect that a rise in the price of A (or B) will cause the demand for B (or A) to go up.” Examine this statement wit
price of laptop increases by 20% and there is a 40% drop in the quantity demanded?
1. Nonwage Determinants of Labor Supply Suppose that two jobs are exactly the same except that one is performed in an air-conditioned workplace. How could you measure the value wor
concept of innovation theory of profit and criticism
Define Nash equilibrium and explain with the help of the game ''prisoner''s dilemma''.
Five uses of elasticity on the Public Sector and five uses of elasticity on the Private Sector.
Black or underground or illegal economy: Black or underground or illegal economy has to be conceptualised as an integral and growing part of a variety of economies which emerg
A trust is build to acquire shares in organizations for subsequent allocation to employees over time by time.
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