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what are the merits and demerits of deductive inductive methods in economic analysis?
Find the best response functions and the mixed strategies Nash Equilibrium if each player randomizes over his actions.
Consider the market for purple magic markers. The demand for purple magic markers is perfectly elastic and the supply is upward sloping. If sellers of purple magic markers are taxe
Question 1: (a) Discuss the adjustment to an increase in demand for a perfectly competitive market in the: (i) Short run (ii) Long run (b) How would the same industry
Sources of Divergence The principal cause of extraordinary variation in output per worker between countries today are differences in their corresponding steady-state capital-ou
three marginal conditions of pareto optimality
traditional theory of cost
Determine the population growth rates Birth control meant that those who didn't wish to have more children can exercise their choice. Parents began to find more satisfaction o
what is the significance of the Loucas critique in political economy?
what is pure competition markets?
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