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Economics and Ethics : Morality and ethics are powerful motivations to behavior. Thouh, economists suppose that rationality is a function of demonstrable self-interest. That mean
Please provide detailed answers, showing all your work, to all five sections in problem 15.9 in the Nicholson and Snyder book. This is an individual take home task due at 11:59pm o
in aid of a diagram explain the concept of diminishing returns in production
explain the following disadvantages of amalgamation. Complex nature
If the MU of the 1st unit consumed = 75 utils, and the TU of consuming 2 units is 130 utils, what is the marginal utility of the second unit?
determination of interests rates in classical system
Location of industry and localization of industry: Location of industry tries to answer the key economic question "where to produce". It involves deciding on the area that an
what is the theory of second best?prove the theorm with the help of diagram?
Explain in detail the concept of PPC with suitable eg.
if the inverse demand curve is p=120-Qand the marginal cost is const ant at 10 ,
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