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calculate point elasticity of demand function Q=10-2p for decrease in price from Rs3 to Rs2
Theory of Oligopoly: Oligopoly is that situation where the number of firms in the market is large but not as large as in the case of perfect competition so that it is possible for
Q. What do you mean by Bond? Bond: A financial security that represents promise of its issuer (generally a company or a government) to repay a loan over a specified time period
National income accounting: Final Goods: Final goods are goods and services which are being purchased for final use and not for resale or further processing or manufacturing
shows teh steps in unitary mehod
Explain the term economic efficiency? Answer: Economic Efficiency means full utilization of all available resources in economy i.e. to produce the needed amount of goods and
Lovers of classical music persuade Congress to impose a price ceiling of $40 per concert ticket.
f(x1 x2,x3,x4) =min(x1/4x22/3,x3+2x4)
Why concept of Elasticity is important in economics? Elasticity is very important concept in economics because it affects the decision of individuals as well as of the whole e
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