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explain the main criteria for classifying firms into industries.which criteria serve the better and why?
what is the differences between utility theory, indifference theory and revealed preference theory
traditional theory of cost
Ask qI run a company that makes household power plants that use microeconomic textbooks to generate enough electricity each day for one house. Since there are a lot of used microec
how might opportunity cost help to explain the pattern of international trade?
Explain the monopolistic competition model of equilibrium with price competition under chamberlin s model
Q. Describe about Capitalism? Capitalism: An economic system in that privately-owned businesses and companies undertake most economic activity (with the goal of generating priv
What does the IS-LM framework mean? The IS-LM model helps us to understand the two opposing theories. The IS (investment/saving) curve shows equilibrium in product markets. Th
Current Account: The Current Account can be broken down into two parts, viz., one, balance of trade, and, two, balance on invisibles. The Balance of Trade (BOT) deals only wit
its elements , scope calculation
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