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on what grounds is consumer surplus criticised?
State trading is often associated with canalisation. Canalisation means estaolishment of state monomply in foreign trade. In other words, an item that is canalised can be imported
National income: The national income or product or expenditure provides a measure of total value at factor cost of final goods and services, which are available either fo
Prove that the utility approach and the indifference curve approach yield the same consumer equilibrium.
discuss the law of variable proportion with the help of isoquants
critical evaluation of marginal analysis
Analyze the various ways in which property rights encourage economic development and make at least one recommendation for improving current laws. Explain your rationale.
Discuss about Modern economic growth Modern economic growth is also a shift in the kinds of things we do at work and play and in the way we live. Back in immediate aftermath of
Explain what the phrase “price rationing” means. Price rationing is the method by which the market system assigns goods and services to consumers while quantity demanded exceeds
u=2x^2+3y^2 hence income=310 birr and price=3 birr calculate quntity of x and y the optimize&minmize utilityfor the given income
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