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How do I draw and interpret a combined ppc curve?
Find the best response functions and the mixed strategies Nash Equilibrium if each player randomizes over his actions.
what is the theory of second best? prove the theorem with the help of a diagram.
What are the parts of valuable economics paper? The consequence of economics research is an economic conclusion. Usually a valuable economics paper comprises three parts: a.
Principle Agent Problem [Dealing with hidden action] Assume that the employer (principle) wants its employee (agent) to work hard [You can safely assume that this maximizes th
We consider two regions A and B. Each market has the same size (i.e. number of consumers) but differs in the willingness to pay for one unit of the good proposed by the firm. On ma
In markets, the invisible hand allocates resources efficiently a. in all cases b. when there are positive externalities, but not when there are negative externalities c. when there
Labour Supply:Total number of workers available and willing to work in a paid position; generally measured by the labour force(even though the labour force usually excludes many wo
How to calculate new profit earn by a firm in oligopoly if another firm cheat
Explain the effect of increased money supply on bond prices
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