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What are externalities? Give an example of positive and negative externality and explain why the market outcomes are inefficient in the presence of externalities
The East Asian Miracle However the set of extraordinarily successful economies isn't limited to the set of original OECD economies. Economies of the East Asian miracle have ove
under which market structure does the banking sector fall?
Explain the difference between elastic and fixed supply
STETE THE THEORIES OF DETERMINATION OF RENT
define law of demand
Compare and Contrast Classical and Neo classical theory of interest
Price Elasticity of Demand is explained below: Price elasticity of demand/require is the percentage change in the quantity demanded with respect to the percentage change in the
Q. Define Debt? Debt:Total amount of money owed by a company, individual or other organization to banks or other lenders is their debt. It represents accumulated total of past
2. You are examining the effects of a specific tax of 10 cents imposed on the sales of a product that we shall call XYZ. To carry out your analysis, assume that the market is a per
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