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the sources of market failure
Dynamic Changes in Costs: The Learning Curve
Is there any relation between inflation and unemployment? The Phillips Curve was a relationship among unemployment and inflation discovered by Professor A.W. Phillips. He foun
Direct and Indirect Benefits Life time earnings of an educated person is an instance of direct benefit from education. Skills produced in training or extension programmes in a
discuss and illustrates the following terms with diagrams1.inferior goods.2.normal goods,3.giffen goods
distinguish between Isocost and Isocline
objestive of williamson modle
Government Spending Wagner's Law of economic activities applies to every economy. According to this law, there is both an extensive and intensive increase in government activit
Assume that in the market there exist two types of workers where the principle cannot distinguish types. The two types only differ with respect to the disutility of effort. The dis
What is GE Matrix?
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