Non-accelerating-inflation rate of unemployment, Non-Accelerating-Inflation...

Non-Accelerating-Inflation Rate of Unemployment (NAIRU): This theory is a variant of neoclassical natural rate of unemployment. As in original natural rate theory, NAIRU advocates

Use of income elasticity of demand, Use of Income elasticity of demand: ...

Use of Income elasticity of demand: Income elasticity of demand on the other hand, has the following uses (i) Income elasticity of demand shows how the pattern of consumer de

The lower the value MR of monopolist ,

Cardinal approach, derivation of demand curve

derivation of demand curve

Consumer behaviour, compare and contrast between cordinal and ordinal appr...

compare and contrast between cordinal and ordinal approaches

Is economics a positive science, is economics a positive science

is economics a positive science

Summary of demand and supply considerations of education, Summary of Demand...

Summary of Demand and Supply Considerations of Education A study of supply and demand considerations in education helps in understanding four major issues and concerns of an e

Point elasicity, Q=10-2P,PRICE DECREASE FROM RS 3 TO 2

Q=10-2P,PRICE DECREASE FROM RS 3 TO 2

Profit maximization, Profits University creates student credit hours (y) wi...

Profits University creates student credit hours (y) with two inputs: Professors' hours of work (x1) and TAs' hours of work (x2) according to the manufacture function: f(x1,x2)= 10x

RESOURCE MARKETS, 1. What is a resource market? 2. Describe resource deman...

1. What is a resource market? 2. Describe resource demand and resource supply. 3. Define derived demand. 4. Describe the resource market demand and supply curve. 5. Define a te