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limitation of kaldor hicks in compensation test and welfare criteria
If a minimum wage were imposed below the competitive equilibrium what would we expect to observe in the effected labor markets?
You estimate that the price elasticity of demand for one-acre plots in Lusaka is -1.5 and that income elasticity of demand is 5. Land owners intend to increase the price of a one-a
What are the economies and diseconomics of scale?
what are the advantages of monopsony?
what is diffusion and effusion of gases? Describe Graham''s law of diffusion, effusion. Diffusion of gases While during two gases are brought together they mix with each other in
Types of budget: Surplus Budget: A surplus budget occurs when the expected government revenue is planned to exceed the proposed government expenditure. It can be achieved by
Uses of population census: It is used to determine the size and the growth rate of the population at a country. The helps the government in planning for education, transporta
#1 explain with the aid of diagram the effect of an increase in demand for palm oil on the equilibrum position for palm kernel
As stock markets have crashed, and uncertainty has increased, consumers move their money to the safest currencies and countries in the world. Predict the effects of an increase in
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