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Explain the difference between a stock and a flow.
A stock is something whose quantity is calculated at a point in time, whereas a flow measures the quantity of something over a period of time
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how can I execute this topic in new way of teaching? That will focus on activity base and art of questioning that will answer by the students?
Prove that the utility approach and the indifference curve approach yield the same consumer equilibrium.
what is bains theory ? describe with the diagram
For the pizza seller whose marginal, average variable, and average total cost curves are shown in the following diagram, what is the profit-maximizing level of output and how much
Explain the difference between elastic and fixed supply
Economic Ef ficiency The effort to making products and services in the least costly way without sacrificing excellence.
Supply of a commodity is functionally related to its price. The law of supply rated to this function relationship between price of a commodity and its supply. In contrast to the in
a. Determine Australia’s market equilibrium for TV sets. i. (1) What are the equilibrium price and quantity?
Inflation-Unemployment Trade-off under Rational Expectations : Robert Lucas (1972) pointed out another implication of the above hypothesis of adaptive expectations. Suppose in
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