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what is general equilibruim?
importance of monopolistc competition in Indian market.
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describe scitovosky''s double criterion
Outline four limitation of game theory?
what is the theory of second best? prove the theorem with the help of a diagram.
As there are natural monopoly market situations it is in the public interestto permit monopolies, but traditionally in the United States they are regulated with respect to price.
1. Discuss how banks make money, and are structured in respect to Asset, Liability and Capital Management – give examples.
Define the returns to scale in production technology. Returns to scale in production technology: Assume that we are using some vector of inputs x to generate some output y a
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