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a) Examine at least three (3) possible areas for the industry that could lead to transaction costs, and describe each in detail. b) Speculate about the behaviour that could
Calculate point elasticity of demand for demand function Q=10-2p for decrease in price from Rs 3 to Rs 2
discuss the revealed preference theory of consumer behaviour
Theories and Models ?? Microeconomic Analysis – Theories are taken in use to describe the observed phenomena in terms of a set of essential rules and
what are the criticisms of modern theory of rent?
explain optimal use of variable input?
Comment on the current account trend since 2013 till 2015
The Short Run versus long Run - Short-run: Period of time in which the quantities of one or more production factors cannot be changed. These inputs are called as fi
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measures to control business cycle
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