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What is market clearing level and public good? Market clearing level is the price level current in the market at which consumer is willing to purchase a particular commodity f
Concept of Stock Replenishment This concept assumes that stock is always available whether there is demand or not. Consider the demand for constituent items, such as componen
show this in a pie chart age = under 20|number of people = 20.90
Use of ppc in microeconomics
Which of the following is a free good? Fresh water, forests in the northwestern United States, the advice of economists, or none of the above?
Limitations of the Services Sector: The services sector in India, as at present, suffers from low productivity and low quality in spite of fairly large investment in technolog
what are the main properties and assumptions of indifference curve
why risk averse consumers pay premium for insurance to convert an uncertain outcome to a certain one?
What is third degree price discrimination? Explain with case analysis,give two successful & unsuccessful cases of 3rd degree price discrimination.
if tc is 200 what will be marginal cost?
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