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1. Suppose that Mr. John has the following Cobb-Douglas utility function U = 6X^2/3y^1/3 the market price of X and Y commodity are $1 and $2, respe
Dividend The distribution of an organizations earnings to its owners-the stockholders. Cash dividends are most ordinary, although partition can be issued in other forms, such
What is the Macroeconomics? Macroeconomics is study about the aggregate behavior of the economy like how the actions of all the individuals and firms within the economy intera
draw a PPF when a hurricane slows down the nest two months of butter production?
in the context of managerial economics how do you explain a rational producer.illustrate giving example.
Duopolist P=20-0.1Q where Q=QA+QB CA=QA CB=0.1QB2
Surplus: Anysector or agent in economy (business, householdor government) experiences a surplus when its income surpasses its expenditure. Surplus, Economic: For the economy
how to estimate a regression model that tests for higher ability individuals get a greater return from schooling
if coast of good A fall by Rs.1 & coast of good B increases by 1 Rs. what will be the effect on budget line
LONG PERIOD ANALYSIS: Long period refers to a time when all the factors are variable. Earlier in the short period analysis, we had considered capital (K) to be fixed factor. H
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