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#question#.problems and its solution of microecnomics
on what grounds is consumer surplus criticised?
Calculate the price elasticity of demand or supply for the following function when P=8 p=6(I)p=40-0.5q
once vaccinated,a person cannot catch a cold or give a cold to someone else. As a result,the marginal social benefit resulting from consumption of the vaccine.
Assume that milk operates in a perfectly competitive market, use a well labeled demand and supply model to explain how market equilibrium price of milk is being determined.
graphical illustration describing the influence of an increase in immigrants on the market supply of labour
Regardless of the market structure, oligopolist and the monopolist maximize their TR when MR=0. Do you agree?
Q. Describe the Theory of effective demand ? Effective Demand:Theory of effective demand was developed separately in the 1930s by Michal Kalecki andJohn Maynard Keynes. It eluc
If we have two products, A and B, which are substitutes, we can expect that a rise in the price of A (or B) will cause the demand for B (or A) to go up.” Examine this statement wit
its elements , scope calculation
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