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what is the theory of second best?prove the theorm with the help of diagram?
The marginal rate of substitution (MRS) quantifies the quantity of one good a consumer will sacrifice to get more of the other good. – It is calculated by the slope of the indif
DISCUSS THE COMPENSATION PRINCIPLE OF KALDOR -HICKS
what is linear programming
What is significance of methodological economics...
Question 1: i) Elaborate on the different types of price discrimination that a monopolist may use and what are the required preconditions for its application? ii) What dete
u=2x^2+3y^2 hence income=310 birr and price=3 birr calculate quntity of x and y the optimize&minmize utilityfor the given income
TC = Q3 – 8Q2 + 68Q + 4, get the median and mode
Consider an infinitely repeated prisoner's dilemma game by two players. The resultant payoffs at each stage by the actions of two players are given below in the table (payoffs are
objestive of williamson modle
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