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AGRICULTURAL GROWTH AND PRODUCTIVITY TRENDS: Despite a steady decline in the share of agriculture in the Gross Domestic Product (GDP) of India, this sector continues to remain
1. Calculate price elasticity of demand and supply for the following functions when (a) P=8 and (b) Q=6. i. P= 40 - 0.5Q ii. Q= -40 + 0.75P iii
(a) What is meant by heteroscedasticity and what are the consequences of applying OLS estimation in its presence? (b) Explain in details the Generalised least Square procedure
waht are the characteristics of perfect competetion market
I don''t really understand how scitovsky contour is formed.
Since World War II, North Korea has had a centrally planned economy in which the government makes the big decisions on how resources will be allocated. Why would you expect North K
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Why narrowness of definition of a commodity may influence price elasticity of demand
Over the course of modern American economic history there have been market failures, various social problems, and other complexities that have resulted in certain resource markets
explain how macro and micro issues may be represented using production possibility curve
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