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what is the second best?prove the theorem with the help of a diagram?
In neoclassical economics, equilibrium exists when supply equals demand for a particular commodity. General equilibrium is a special (purely hypothetical) condition in which every
discuss the central economic problem facing survivor group
Change in consumer income: A change in consumer income may bring about a change in the quantity demanded of a good or service. However, the direction of change in quantity deman
if a country is managing its exchange rate what will do to counteract the effect of stock market bubble in this country? explain what central bank will do and show in supply and de
What is the difference between change in quantity demanded and change in demand
Give a critique of indifference curve
Market equilibrium happens where supply equals demand (supply curve intersects demand curve). An equilibrium implies that there is no force that will cause further changes in pri
How did fixed exchange rates and the Golden Standard affect the U.S. economy as well as other countries.
what is multi-plant monopoly?
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