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Institutionalist Economics: A school of heterodox economicsthat emphasizes importance of institutional development and evolution (as opposed to ‘pure' market forces) in explaining
FACTORS AFFECTING FLEXIBLE EXCHANGE RATE: Shifts in the demand and supply schedules for foreign currency take place on accountof a number of factors. Some of them are enumerat
National income: The national income or product or expenditure provides a measure of total value at factor cost of final goods and services, which are available either fo
determination of optimal solution mathematical presentation
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What the definition of microeconomic
how the equilibrium output and price is determined in williamson model of managerial discretion?
what is price elasticity of demand ? write briefly with explaining it''s type.
if the inverse demand curve is p = 120 - Q and the marginal cost is constant at 10, how does charging the monopoly optimum and the welfare of consumers, the monopoly, and society?
Question 1 Identify the basic postulates of economics Question 2 Discuss the role of price mechanism Question 3 Explain the shape and application of Engel curve
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