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Income and Substitution Effects
A fall in price of a good has the two effects: Substitution & Income
-Substitution Effect
- Income Effect
Ask question #Minim1. what items should be put on the agenda of a new round of trade talks (and who wants these on the agenda), 2. why, and 3. the problems likely to be met in the
Challenges and discussions
arguments in favour and against of Theory of Profit Maximization
what is multi-plant monopoly?
Population census: A population census is the head count of people living in a geographical area or in a country. A population census collects comprehensive data on people to
Q. Explain Labour Intensity? Labour Intensity: Ratio of labour effort expended, compared to total on-the-job compensated labour time. A higher ratio of labour intensity reflect
factor influencing quantity supplied
i need to find Profitability, Earning capacity, Capital structure, Robustness from annual reports. Not a long job..
Economics and Ethics : Morality and ethics are powerful motivations to behavior. Thouh, economists suppose that rationality is a function of demonstrable self-interest. That mean
the meaning of supply
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