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Question 1: (a) Discuss the adjustment to an increase in demand for a perfectly competitive market in the: (i) Short run (ii) Long run (b) How would the same industry
Explain about the duality between direct and indirect utility. Duality between Direct and Indirect Utility: While seen how one can recover an indirect utility function by ob
impact of computer technology on nigerian economy
What is contraction of supply?
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The market demand for brand X has been estimated as Qx=1500-3Px-0.05I-2.5Py+7.5Pz Where Px is the price of brand X, I is per-capita income, Py IS the price of brand Y, and Pz is th
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elasticity of demand for demand function Q=10-2p for decrease in price from Rs 3 to Rs 2
what the third degree price discrimination with case study of two successfull and unsuccessfull cases?
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