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why is choice inevitable in the understanding of economics science?
Boltzmann Distribution: In most cases of interest of chemistry the particles adopt the Boltzmann distribution. Qualitative considerations: the general expression for W given by eq
a consumer consumes only two goods x and y is in eqillibrium price of x falls explain the reaction of consumer through utility analysis
What are the advantages of leaving the allocation of a countrys resources to the price mechanism? Ans) The main conditions needed are: 1. Either a finite number of agents or pr
who is a rational behaviour
Suppose that in an economy 100 worker-hours produce 160 units of output in year 1. In years 2 and 3 worker hours are 120 and 130 and units of output are 216 and 260, respectively.
I want to know all about equilibruim consumer equilibruim firms equilibruim nd market equilibruim technically also??
implications of market structures on price determination
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The price of a laptop increases by 20% and there is a 40% drop in the quantity demanded. What would answer be
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