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meaning of economics laws
How to use Demand and Supply tools to analyze the case of the Egyptian labor market?
what are fundamentals of welfare economics?
Which of the following is evidence of market power? a. Output is fixed despite cost changes b. Optimal Output is less than industry output c. Output changes as cost changes
(i) Define the three types of price discrimination, clearly stating the different information requires of each type of discrimination. (ii) Find a real-world example of second-degr
Consider a non-renewable resource. There are two periods, now and later. The demand curve in each period (t = 1, 2) is Qt = 10 - Pt. The stock of the resource is 10 units. Extracti
Prove the theory of second best with the help of a diagram
an emission fee levied against polluting firms will tend to shift the supply/demand curve of the firm/product to the left/right?
Explain the axioms of completeness, transitivity and non-satiation using appropriate examples.
Explain how diminishing returns differ from diminishing returns to scale. The answer should clearly distinguish among SR (one or more factors are fixed) and LR (where all facto
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