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what is the relevance of microeconomic analysis in contemporary Nigerian economy
Identify the four essential economic activities. The four main economic activities are: a) resource maintenance, b) production, c) distribution, and d) consumpti
what is the nature of microeconomics?
Let {(y i * ; x i ); 1 ≤ i ≤ n} be an i.i.d sequence of random variables where y i * and x i satisfy the linear relationship y i * = β 0 + β 1 x i + ∈ i with Cov(x i ; ∈
Using the key distinguishing features of any market structure describe the market structure for the South African mobile telecommunications industry
1. Consider a world with two assets: a riskless asset paying a zero interest rate, and a risky asset whose return r can take values +10% or –8% with equal probability. An individua
find equilibrium level of income
Average Product (AP) of a Factor: The productivity of a factor is often seen in terms of its average contribution. Although not very important in the theoretical discussions,
state the law of downward sloping demand
characteristics and models of oligopoly by Sweezy,cournot and edgework
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