Substitution and income effect on inferior good, substitution and income ef...

substitution and income effect on inferior good

Wealth tax, Wealth Tax: A tax in that owners of specific forms of wealth (l...

Wealth Tax: A tax in that owners of specific forms of wealth (likereal estate, financial wealth, or inheritances) should pay a specified proportion of that wealth to government, us

Microeconomics, INFO: Suppose that a firm is currently employing 20 workers...

INFO: Suppose that a firm is currently employing 20 workers,(the only variable input), at a wage rate of $60. The average product of labor is $30, the last worker added 12 units to

Government increases the taxes on car ownership, Government increases the t...

Government increases the taxes on car ownership. Explain the possible market outcomes of such a decision.  As this is a tax paid by owners, and therefore not levied indirectly

Analysis utility, difference between the cardinal analysis theory and ordin...

difference between the cardinal analysis theory and ordinal theory

Application of disquilibriam analysis, question #Minimum 100 words accepted...

question #Minimum 100 words accepted#History of cobweb theory

Cross Price elasticity,

Socialist economy, what is basic economic problem

what is basic economic problem

Level of aggregate demand in economy, Q. Level of aggregate demand in econo...

Q. Level of aggregate demand in economy? Demand-pull inflation takes place when there is an increase in level of aggregate demand in economy. Aggregate demand comprises five co

Theory of consumer behaviour, What the definition of microeconomic

What the definition of microeconomic