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how do I explain the hicksian and slutsky theory of consumer behaviour in an examination
Can marginal cost be constant? If so, does this mean that marginal cost are equal to average variable cost?
diagrammatically condition of consumer equilibirium
Efficiency of exchange
illustrate and discuss the implications of various market structures (competitive and non-competitive) for price determination
All about matter
in the keynesian model the price is assumed to be what? a.exogeneous and remaaining constant b. endogeneous and remaining constant which is correct?
elasticity of demand for demand function Q=10-2p for decrease in price from Rs 3 to Rs 2
Consider a two-period economy with a single commodity (say leisure): x1 is the con- sumption of leisure in period 1, and x2 is the consumption of leisure in period 2. When Peter ev
what do you mean by social welfare function
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