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function with equation,variable,parameter
Ask questi‘Social welfare functions embody a normative conception of the relative importance of equity and efficiency’. With the aid of diagrams, illustrate and explain this propos
1. What are the uses of elasticity to the public sector and private sector? (20 marks)
Using a diagram explain the equilibrium point of a monopoly
Why and how are economists attempting to create more accurate measurements of development? The why part is simply because of the complexities built-in to the concept of develop
Describe one case that fits the story of Prisoner Dilemma in not more than 10 sentences. It should fit the following features and it should not be any of the examples we already ta
if you were making the pricing decision for the gasoline company, would you cut, raise or leae the price unchanged
Relatiön between TC ,TFC and TVC
what is the theory of second best? prove the theorem with the help of a diagram.
The Money Multiplier is explained below: If you see carefully, the money multiplier is nothing but an inverse of a reserve ratio. Therefore, we can write MM = 1/rr, where rr is
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