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monopolistic competition
explain how income flows in governed economy
Theory of Consumer Behaviour Through the study of theory of consumer behaviour we can be able to explain why consumers buy more at a lower price than at a higher price or put
1. What is the difference between a static (master) budget and a flexible budget? Ans: static budget is where a budget doesn't change a volume changes. An example could be th
Explain the concept of externality in economics? Give one example of a positive and a negative externality in Australia.
exaplain cournot''s duopoly model with graph?
Assignment
Actual income and Full employment income Full employment income (Also called Potential National) is the national income that could be produced when the country's factors of pr
Determine the Theory of Exchange and Price Theory Theory of Exchange is commonly called Price Theory. Price determination under various types of market conditions comes under
define scarcity and oppurtunity cost.show how these concepts are useful in managerial decision making
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