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What is identity economics? How does identity economics help to explain economic questions that standard economics fails to address?
critically analyze the of profit maximization
Measures to control inflation An inflationary situation can effectively be addressed/tackled if the cause is first and foremost identified. Governments have basically three
present a detailed discussion of the principles of managerial economics
Describe the Status goods of law of demand The law doesn't concern the commodities that function as a 'status symbol', add to the social status or exhibit prosperity and opulen
What is an effective need of demand 1. An Effective Need: Effective need demands that there must be a need supported by the capacity and readiness to shell out. Henceforth there
The Current Account This records all transactions involving the exchange of currently produced goods and services and is subdivided into i. Visibles: A record
MONOPOLISTIC PRACTICES The following practices may be said to characterize monopolies. Exclusive dealing to supply and collective boycott Producers agree to supply onl
factors affecting demand forecasting
Neoclassical Theory The neoclassical theory of economic growth began its career in the fifties and since the mid fifties a sizeable literature has developed. The theory largely
Total Cost (TC) This is the sum of fixed costs and variable costs i.e. TC = FC + VC.
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