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Explain the importance of well-established property rights in the method of development. Definition of property rights should not begin and end with owning land and buildings b
Consider the following insurance market. There are two states of the world, B and G, and two types of consumers, H and L, who have probabilities pH =0.5 and pL =0.25 (high and low
Explain three major barriers to development experienced by developing countries. Well, the scope of possible answers here is, em, wide, to say the least. The issue is not to si
Explain about the deadweight loss and elasticitie s. Deadweight Loss and Elasticities The general rule for economic policy is the other things equivalent; you need to choose
what is diversification
leat cost factor combination
I want to know all about equilibruim consumer equilibruim firms equilibruim nd market equilibruim technically also??
elasticity of demand
draw the supernormal curve
Assume you see that two macroeconomic variables are correlated with each other. But you want to know if there's an underlying or causal relationship between the two variables. Wo
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