Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Illustrate about the imposition of behavior assumptions in analytical frameworks of modern economics?
Imposition of Behavior Assumptions:
The second one step for studying an economic issue is to create assumptions onto individuals’ behavior. Making suitable assumptions is of basic importance for obtaining an important economic theory or assessment. An important assumption modern economics makes regarding an individual’s behavior is which an individual is self-interested. It is a main dissimilarity between individuals and the other subjects-topics. The self-interested behavior assumptions are not merely reasonable and realistic, but also have a minimum risk. Still this assumption is not appropriate to an economic environment; this does not cause a big trouble to the economy even though it is applied to the economy. The rule of this game designed for self-interested individuals is probable also appropriate for altruists, but the reverse is probably not true.
What is black marketing? Black Marketing means hoarding of sure commodity to sell it at higher prices. But it is an illegal activity in the economy and makes artificial shorta
explain the concept economies/diseconomies of scale and minimum efficient scale
law of diminishing marginal returns does not hold then output of the world can be produced in a flower pot. Explain?
A " properly mixed strategy " means a mixed strategy that does not assign all the probability to one pure strategy. In other words, it is not a pure strategy. Consider a simultaneo
#question meaning ..
Discuss about the language and methods of mathematics in modern economics. Language and Methods of Mathematics: This section reviews some fundamental mathematics results
Profit maximization is theoretically the most sound but practically unattainable objective of business firms. In the light of this statement critically appraise the Baumol’s sales
inflation wide equality while deflation narrow it down due in aggree distify we answer with algement?
Price elasticity is used in economics to determine the changes in price of goods and services. It measures the change in price demanded and quality supplied. Determinants of pri
Comment on the current account trend since 2013 till 2015
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd