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prove that the utility approach and the indifference curve approach yield the same consumer equilibrium
electronic configuration of s block elements
Factors that calculate price elasticity of demand: The proportion of Income spent on the Commodity If the price of a good is relatively low such the expenditure on it is a
BALANCE OF PAYMENTS AND PROBLEM OF DEFICITS: The principal tool for the analysis of the monetary aspects of international trade is the balance of international payments set
if coast of good A fall by Rs.1 & coast of good B increases by 1 Rs. what will be the effect on budget line
what are the practical importance of income elasticity of demand?
Formal and Informal systems - MRP System Most production systems are full of 'pushes' and 'pulls'. The formal system issues orders, ie 'pushes'. The informal system tries to
What is the theory of Second Best? Prove the theorem with the help of a diagram.
Define the returns to scale in production technology. Returns to scale in production technology: Assume that we are using some vector of inputs x to generate some output y a
What is GE Matrix?
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