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f(x1 x2,x3,x4) =min(x1/4x22/3,x3+2x4)
Define Nash equilibrium
When measuring price levels in the economy (such as when calculating the CPI index), why is a weighted average used? Because we require giving greater emphasis to prices at whi
explain the central problem of economy with production possibility curve?
chemistry assignments , Neutron diffraction supplements x-ray diffraction and is particularly helpful in locating hydrogen atoms. An x-ray beam is scattered primarily as a result
what is economic model and role of assumptions in it.
what is the formula for finding gross national product?
Since World War II, North Korea has had a centrally planned economy in which the government makes the big decisions on how resources will be allocated. Why would you expect North K
when average product is decreasing, marginal product is?
Participation Rate:Proportion of working-age individuals who decide to ‘participate' in the labour force, by either being employed or actively seeking work. Precise definition of w
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