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Explain how Monetarist economics views the role of markets and government intervention in fighting business cycles. Monetarist economics believes that the government should fol
(ii) Find a real-world example of second-degree price discrimination. Describe the important aspects of your example in detail and analyze it using economic theory. In particular,
Example: The Value of Clean Air Air is free in sense that we do not pay to breathe it. Question: Are benefits of cleaning up air worth the costs? People pay extra to buy
What is the theory of Second Best? Prove the theorem with the help of a diagram.
Reorganisation of Export Councils: India has a large number of exporpromotion councils, commodity boards and other similar agencies, butheir impact on India's foreign trade h
illustrate and discuss the implications of various market structures (competitive and non-competitive) for price determination
what to produce? how to produce? for whom to produce
The reaction of nitrogen dioxide with fluorine 2 NO2 + F2 2 NO2F is first order in NO2 and first order in F2. Complete the rate law for this reaction in the box below. Use the f
what is break even quantity
give a detailed discussion on the term economics of scale as applied to economics, highting examples,limitation,and original of economics of scale.
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