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How to solve questions of endowments?
Consumer Choice * Consumers choose a combination of goods which will maximize satisfaction they can attain, given the some degree of budget available to them. * The maximiz
unemployment is voluntary, discuss in view of the classical economists and the keynesian
What is the difference between price value and price level? Price value is the value of commodity bought by the consumer at a certain price from the market, while, price level
how can draw the table and diagram of production function function with one veriable
what is the influence of an increase of migrants on the market supply labour
Tc and TVC curves have an inverted s-shape
In relation to banking, Basel II, the Capital Requirements Directive (CRD) was implemented in January 2008. The CRD requires stricter capital treatment of a bank's risk transfer op
elasticity of demand of a product in different market forms such as perfect competition, monoply etc.
Suppose that demand is downward sloping and supply upward sloping. Subsidies cause dead weight loss despite the fact that: 1)consumer surplus increases. 2)total surplus increases
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