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Assume you see that two macroeconomic variables are correlated with each other. But you want to know if there's an underlying or causal relationship between the two variables. Wo
find the highest premium find the actuarialy fair premium
explain why policies for promoting market competition are desireable
Economies of Common Services: Through the concentration of firms in a particular industry in a given geographical location, the firms may enjoy certain commonservices.These
value of marginal product
why is the concept of elasticity crucial to the study of economics?
Q. Central Planning of economic system? Central Planning: An economic system in that crucial decisions regarding consumption, investment, exchange rates, interest rates and pri
what is linear programming
for the total product curve why is it when you reach at maximum adding more input leads to decline in output?
in the context of managerial economics how do you explain a rational producer.illustrate giving example.
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