Explain about the optimal consumption rule, Explain about the optimal consu...

Explain about the optimal consumption rule. The optimal consumption rule: While a consumer maximizes utility, the marginal utility per dollar spent should be similar for all

Demand, demand elasticity in urdu

demand elasticity in urdu

What are the properties of the profit function, What are the properties of ...

What are the properties of the profit function? Properties of the Profit Function: The properties specified below follow solely by the assumption of profit maximization. No

Production with two variable inputs, Production with Two Variable Inputs ...

Production with Two Variable Inputs *  There is relationship between productivity and production. *  Long run production K& L are variable. *  Isoquants analyze and compa

Difference between static and dynamic multiplier,

How change in the exchange rate affect the domestic economy, How might a ch...

How might a change in the exchange rate affect the domestic economy of the country? A change in the exchange rate - ceteris paribus - will alter relative prices between trading

Effectively increases command over goods, Normal 0 false fals...

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Art or science, Is economics an art or a science

Is economics an art or a science

Tax abolition, In the case of a tax abolition on food staples, what are the...

In the case of a tax abolition on food staples, what are the short run and long run effects?

Educational financing, Normal 0 false false false EN-IN...

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