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Prepare an essay regarding the concept of maximization and the assumptions associated with the behavior of the economic man.
what is the relevance of the lewis model
A major component of the costs of many large firms is the cost associated with ordering and holding inventory. If the yearly demand for the good is D and the size of each order p
Are there any current subsidy or welfare issues that are being discussed or addressed in parliament or in municipalities
Explain about a model and use of it in economics. A model is a simplified demonstration of a real situation which is used to better understand real-life circumstances. The
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Explain why we cannot measure the national product simply by adding up the production of all firms. Why do the economists use real GDP rather than nominal GDP to gauge economic
WHO IS JOHN MANYARD KEYNES
It refers to the study of feasibility of a project in terms of its total economic cost and total economic advantages. It means to compare total cost with total advantage if we
list of all theories of business cycle theories
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