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What is micro static analysis?
This is the practice of maximizing profits and revenues and minimizing costs, using marginal analysis.
Allocative efficiency criteria are satisfied by the competitive model. Because P = MC, in each market in the economy there is no over- or under- allocation of resources in this ec
What is framework in the Modern Economics? Framework in the Modern Economics: The framework is a framework which uses to deal along with daily activities and is utilized to
keynsian cross model
What are the advantages of trade surplus
What is indifference curve and its properties?
could a nations production possibilities curve ever shift inward
Q. Central Planning of economic system? Central Planning: An economic system in that crucial decisions regarding consumption, investment, exchange rates, interest rates and pri
What is the difference between decreasing marginal returns and negative marginal returns?
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