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what is the second best?prove the theorem with the help of a diagram?
illustrate and explain using diagrams how a single seller within the market can maintain an inefficient allocation of resourcesquestion #Minimum 100 words accepted#
How would the price mechanism decide resource allocation in a competitive (free) market? The main issue it to explain how the price mechanism has a signalling, rationing and ince
Circular Flow of Income: The diagram shows Real Flow (goods and services) and Monetary Flow (Income and expenditure). The bottom pair of arrows depicts the goods market.
discuss the methods used by the malaysian government to slow down import growth.
discuss how economic theory of marginal utility explains the optimum pattern of consumption for an individual consumer
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how to make attractive assignment on theory of supply
discuss the implications of various market structure for price determination
draw demand curve for a-phone explain how the graph, price ,and quantity demand will change if there is an overall increase in income.
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