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GROWTH OF EMPLOYMENT OPPORTUNITIES: Policy failure refers to situations: i) When the objectives of public policy are attained partially or inadequately or in a distorted
what is the theory of second best ? prove the theorem with the help of a diagram ?
Problems Using Point Elasticity - We may need to compute price elasticity over portion of demand curve instead of at a single point. - The price and quantity used as base wi
WHAT ARE THE PRACTICAL IMPORTANCE OF INCOME ELASTICITY OF DEMAND?
explain the main criteria for classifying firms into industries.which criteria serve the better and why?
1. Assume that the market for wheat is perfectly competitive. Suppose the demand curve for wheat is given by: QD = 200 – 2P where QD is the quantity demanded, in bushels, and P i
Explain the figure of say''s law of market
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indiffference curve
1. Cost minimizing firms must be profit maximizing as well. False, why??
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