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Determinants of the price elasticity of demand are explained below: 1. Number of close substitutes present within the market - The more and closer substitutes available in the
What are the properties of indirect utility function? Properties of the indirect utility function: While u(x) is continuous and monotonic onto R L + and (p, m) > 0, the in
Describe Ionization energy or ionization potential and The factors affecting the ionization energies
national income and what is used to measure it
define economics in plural sense. .
Why were there not any sustained increases in material productivity of human labor back before 1500? Since improved technology quickly ran aground on resource scarcity. As huma
A monopolist''s demand curve is P=100-2q. find his MR function. at what price is MR zero
MRP systems - basic inputs It has been estimated that in the USA where MRP was originated and developed by Oliver Wight and George Plossl (1985), virtually all Fortune 500 ma
Where the equation of isoquent drived from?
social welfare ordinal
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