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Q. Explain abput Capitalist Class?
Capitalist Class:Group of individuals (which represents just a couple of percent of population in advanced capitalist countries) which controls and owns the bulk of private corporate wealth, and as a result faces no compulsion to work in order to support themselves.
causes of abnormal supply curve
Explain about the optimal consumption rule. The optimal consumption rule: While a consumer maximizes utility, the marginal utility per dollar spent should be similar for all
Q. Show the Environmental Taxes? Environmental Taxes: Taxes which are imposed on particular activities, or particular products, which are considered to be especially damaging t
The "Battle of Sexes" is a famous game. The story is that a couple tries to decide what to do on a Friday evening. The girl prefers to go to an Opera and the guy prefers to go to t
in the context of managerial economics how do you explain a rational producer.illustrate giving example.
Consumer Surplus -Difference between maximum amounts a consumer is wishing to pay for a good and amount actually paid. The stepladder demand curve is converted into a
objective of afirm
meaning of opportunity cost
what will cause a firms demand curve to shift: a a change in sellers profit associated with the good or service b change in technology for good cchange in non price variable in dem
definetion of pricing thery
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