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(a) Differentiate between a command economic system and a laissez-faire. (b) Assess to what extent it is advantageous for an economy when it moves from a controlled to a free-e
This research will follow the methodology of econometrics; Chao, 2005; Castle & Shephard, 2009): 1. Specification of the model using a specific stochastic equation, together wit
if the inverse demand curve is p=120-Qand the marginal cost is constant at 10, how does charging the monopoly a specific tax of 10 per unit affect the monopoly optimum and the welf
Prove the theory of second best with the help of a diagram
the difference between an lc3 and other types of businesses is that
explain the properties of indifference curve with the help of diagrams?
Carmen, the Queen of Electra, is concerned over what she believes is an excessive consumption of electricity. Consequently, she proposes an excise tax on electricity consumption w
using the indifference curve approach explain why the demand curve slope downwards from left to right...... is there any exceptions?
assumption of mariss model
aid of production possibilty curve
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