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The following model shows the consumption function given: Ct = AD t β 2 Where A and β 2 are unknown constants and D is disposable income. (a) Show how by taking logari
Q=8000-800P
#question.explain three neccessary condition to achieve pareto efficiency.
Entrepreneur: The entrepreneur or enterprise is a special factor of production that is in charge of the organization of the other three factors of production (land, labour and
What is Economics? Economics is explained as the study of how people choose to use their scarce resources in an attempt to satisfy their unlimited wants. In other words, we h
what is consumer''s choice involving risk.preference toward risk.
how the equilibrium output and price is determined in williamson model of managerial discretion?
an emission fee levied against polluting firms will tend to shift the supply/demand curve of the firm/product to the left/right?
Q. Defien Hyper - Inflation? Hyper-Inflation:It's a situation of extremely rapid inflation (reaching 100% per year or more), frequently resulting from a condition of political
the diagram used to illustrate of abnormal and normal profits
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