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DISCUSS THE COMPENSATION PRINCIPLE OF KALDOR -HICKS
Balance of Payments and Developing Economies: It is well-known in development economics that UDCs invariably start as debtor economies. In the process of development itself, t
how to find opportunity cost on PPc
During the 1990s, technological advance reduced the cost of computer chips. Explain, with the use supply and demand diagrams, how the following markets are affected in terms of pr
When somebody wearing muddy shoes rides a public bus, he imposes a negative externality on other riders (passengers get some mud rubbed off on them, and the shoes look ugly). If a
using ? tools of economic highlight on comsumption
how do I explain the hicksian and slutsky theory of consumer behaviour in an examination
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
in the context of managerial economics how do you explain a rational producer.illustrate giving example.
subsitution effect dominate tha income effect in which good case?
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