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would a rational producer be concerned with the average or marginal product of an input in dec
Comparison of sameulson revealed preference theory with the Hicksian revealed preference theoru
How is the wrong conclusion result in necessary condition not in the sufficient condition? This is often heard that the market institution must not be used based onto the fact
Uses of Balance of payments account: It removes the uncertainty associated with the flexible exchange rate regime and brings stability. It also indirectly imposes some anti inf
1. Nonwage Determinants of Labor Supply Suppose that two jobs are exactly the same except that one is performed in an air-conditioned workplace. How could you measure the value wor
Explain the monopolistic competition model of equilibrium with price competition under chamberlin s model
what are the criticisms of modern theory of rent?
Question: You are required to perform an economic feasibility study for a project involving the setting up of an information system in a company. The table below summarises th
Interest rate sensitivity can also be understood from another perspective. The total cost of a commodity is not just its price, but also what must be paid to borrow money to purch
Purchasing power parity: When PPP holds, the domestic currency has the same purchasing power at home and in any other country. PPP also implies that a foreign currency will de
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