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what is the basis of marginal utility
Why does a price index based on constant weights tend to overstate inflation in periods after the base year when the price of one good is rising quickly compared to other goods?
Income and Substitution Effects: Normal Good * The Special Case--The Giffen Good - The income effect may be large enough theoretically to cause the demand c
Explain the importance of well-established property rights in the method of development. Definition of property rights should not begin and end with owning land and buildings b
what is the Theory of second best? Prove the theorem with the help of digram
Consider the following linear program in primal form and develop the dual formulation in a detailed manner. Use matrix notation in developing the dual. Clearly express all the dual
Economic Cycle The economic cycle is the long-standing sample of alternating times of economic growth (expansion) and decline (recession), followed by changing economic indica
relationship between tfc , tvc , tc
Define Nash equilibrium and explain with the help of the game ''prisoner''s dilemma''.
The following hypotheses are concerned with the general impact of FDI from Costa Rica trading partners on exports from the technology sector: H1: There is a positive signifi
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