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when the demand function is 2Q-24+3P=0,find the marginal revenue when Q=3.
What are externalities? Give an example of positive and negative externality and explain why the market outcomes are inefficient in the presence of externalities?
What is the theory of second best? Prove the theorem with the help of diagram.
economics of uncertainty with examples
THEORY OF COSUMER BEHAVIOUR: BASIC THEMES: We elaborated two classical theories (viz. Cardinal Approach and Ordinal Approach). In ordinal approach discussing the indifference
Disposable Personal Income The amount of cash remaining after taxes are removed that an individual has the opportunity to spend.
TREND AND STRUCTURE OF INCOME: Each sector of the economy employs natural, human and material resources and contributes to the aggregate flow of goods and services during a gi
How can we identify that something is elastic or inelastic? When demand of any commodity does not change with the change in price of that commodity that item is said by inelas
discuss whether marginal utility is a realistic piece of economy analysis in a consumer demand
is country beter off with ban on imports?
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