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what is reciprocal demand?
If a minimum wage were imposed below the competitive equilibrium what would we expect to observe in the effected labor markets?
heckscher - ohlin theory of trade
characteristic of duopoly
In the long-run equilibrium, each firm in a perfectly competitive industry will choose the plant size associated with minimum long-run average cost. Is this TRUE or FALSE? And why?
A spherical wave is reflected from a planar mirror sufficiently far from the wave origin so that the Fresnel approximation is satisfied. By regarding the spherical wave locally as
Draw an indifference curve for consumption and hours of work. (Hint: in class we discussed indifference curves for consumption and hours of leisure, this is different.)
please may you explain this concept
what happens when price is fix and there is a change of the supply and demand curve
Explain about the specification of economics environments. Specification of Economic Environments: The primary step for studying an economic issue is to identify the econom
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