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1. Consider a model economy with a production function Y = K 0.2 (EL) 0.8 , where K is capital stock, L is labor input, and Y is output. The savings rate (s), which is define
dicuss the relevance of studing production theory and analysis inn your career as a student of manegerial economics
explain why policies for promoting market competition are desireable
Export Entrepreneurship: This need be developed by providing necessary facilities and making export an attractive and profitable business proposition. In this connection, it
"A firm in monopolistic competition maximizes its profit by producing where its price is equal to its marginal cost." Is this statement correct or incorrect? Explain.
Sources of Divergence The principal cause of extraordinary variation in output per worker between countries today are differences in their corresponding steady-state capital-ou
could the village prepare 14 campsites and grow 350 pawpaws?explain your answer.
Discuss the costs and benefits of establishing a common currency. So, there is a convergence issue in setting up the common currency - and there will also be a convergence prob
what are some of recent development in theory of demand
how a firm will choose its optimal inputs, isocosts and isoquants explanation
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