microeconomic analysis, Microeconomics

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what is the theory of Second best? Prove the theorem with the help of a diagram.

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Consumer''s eqillibrium, a consumer consumes only two goods x and y is in e...

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Slutsky theorm, explain slutsky theorm with graphical representation

explain slutsky theorm with graphical representation

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How did fixed exchange rates and the Golden Standard affect the U.S. economy as well as other countries.

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Curvature of the Iso-quant: An iso-qunat is convex to the origin. This is so because as more and more units labour are employed, the producer would prefer to give up less and

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Suppose that there are n bidders whose valuations vis are drawn independently and identically from the distribution F over [0, ?]. Describe and derive the symmetric , monotonic equ

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