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1. Explain- a. Tragedy of commons b. Free rider problem c. Diminishing marginal utility d. Diseconomies of scale e. Tax incidence f. Elasticity g. Gains from
illustrate a long-run equilbrium using diagrams for the gold market and for a representative gold mine
I don''t really understand how scitovsky contour is formed.
draw the demand curve,when there is rise in the price of a product on the demand of the product
Types of unemployment: Frictional Unemployment: -It refers to unemployment caused by changes in individual labour markets.This is the type of unemployment resulting from peop
Dividends:Several companies pay a cash dividend (annually orquarterly) to the owners of its shares. This is an enticement to investors to buy that company's shares and signifies a
equilibrium price and output.
what is the theory of supply
Determinants of quantity supplied of a good The quantity of supplied of a product is influenced by factors such as the market price of the commodity, prices of inputs, techno
what is oxidizing agent
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