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Using commodities as an example, explain the factors influencing the PES for such goods.
The basic determinants of PES are time span included and the availability of producer substitutes.
Both of these help to outline commodities as having low PES.
Explain consumer sovereignty and why it might not be that extensive in real life. Explanation of consumer sovereignty Use of S/D model to show how changes in consumption pat
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The reaction of nitrogen dioxide with fluorine 2 NO2 + F2 2 NO2F is first order in NO2 and first order in F2. Complete the rate law for this reaction in the box below. Use the f
baumol''s theory
which three group of the periodic table contain the most elements classified as metalloids (semimetals)?
Conditionality: International financial institutions (such as World Bank andInternational Monetary Fund) usually attach strong conditions to emergency loans they make to developing
#question.Question: Answer all parts (a, b, c, d, e & f). Consider the following insurance market. There are two states of the world, B and G, and two types of consumers, H and L,
what is the indirect utility function equation
subsitution effect dominate tha income effect in which good case?
what are the properties of cob-douglas production function
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