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explain budget line?
draw the total revenue curve and the total cost curve showing the profit maximizing level
the prevalence of excess capacity is the direct consequence of the existence of monopolistic competition
Consider the following insurance market. There are two states of the world, B and G, and two types of consumers, H and L, who have probabilities pH =0.5 and pL =0.25 (high and low
What defines the fact that the value of global production has grown by a factor of 4.6, while the value of global production per capita has grown by a factor of 2? The enhance
Environmental economics goes back to the 19th century. Economists who research the planet are mainly worried with the idea of externalities, rare organic sources, and with the pro
What is the expected profit?
comparing GDP between indonesia and haiti
calculate demand function is Q=100-P, where Q is quantity demand and P is price
Determinants of Social Demand for Education - Equity Perfect equality is not observed in any society. Hierarchy in status, standards of living, capacities for effective demand
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