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characteristics and models of oligopoly by Sweezy,cournot and edgework
Explain why each of the following factors may influence the own price elasticity of demand for a commodity. (i) Consumer preferences, that is, whether consumers regard the commod
Explain about the optimal consumption rule. The optimal consumption rule: While a consumer maximizes utility, the marginal utility per dollar spent should be similar for all
Solution of this case study
houthukkar analysis in micro economics
Draw a marginal utility cureve for a good that has a constant marginal utility
what is the theory of second best? prove the theorem with the help of a diagram.
what are the pros and cons of monopsony
about opean market economy
Market demand and supply of a good is shown by QB = 2,160 - 180P and QS = -2400 + 300P where QD, QS and P stand for quantity demanded, quantity supplied and price respectively. (a
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