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what is the theory of second best ? prove the theorem with the help of a diagram ?
What is the difference between a change in demand and a change the quantity demanded? There is a distinction among demand and quantity demanded. Demand explains the behavior o
Modern cost curves theory
Learning Curve in Practice * Scenario - A new firm enters chemical processing industry. * Do they: 1) Produce a low level output and sell at high price? 2) Produce
what are the solutions to cost push inflation
What are externalities? Give an example of positive and negative externality and explain why the market outcomes are inefficient in the presence of externalities
National income accounting: Final Goods: Final goods are goods and services which are being purchased for final use and not for resale or further processing or manufacturing
is economics a positive science
how advertisement affects the sales revenue of a firm ?
The Supply Curve – The supply curve exhibits how much of a good manufacturerss are willing to sell at a particular given price, holding constant other factors that can aff
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