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Q. Perfect Competition in neoclassical economics? Perfect Competition: An abstract assumption, central to neoclassical economics, in that companies are so small that none can i
a. Generally, there will be a difference between the CV and the EV. Why? b. The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it
illustrate and discuss implications of various market structure(non competitive and competitive) for price determination
Why Average Revenue= Marginal Revenue
causes for emergency of monopoly
negative slope on ppf represents what?
Question 1: (a) The Mauritian government is now increasingly involving the private sector in the development of the economy. How can government support effective private secto
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Which element of the periodic table has the most characteristics and is used in everyday life?
brief explain of keynesian consumption theory
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