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How are consequences of economists used? Economists generally use efficiency, information, equilibrium and incentive compatibility like focal points, and examine the consequenc
Costs: If raw materials, machines and other things required for production could be made available freely then the study of the theory of the production and indeed, the study of
how do I explain the hicksian and slutsky theory of consumer behaviour in an examination
price elasticity of demand any 2 commodities
Purchasing Power Parity (PPP): The exchange rate is determined by the relative purchasing power of currency withineach country. For example, if a product X costs Rs. 100 in I
given the cost function as C=0.3Q3-2Q2+13Q+25,find the supply function
Hi, I am taking an economics course. I have a problem where I am given 2 types of units with the same production rate and the labor used to produce those units. I am supposed to c
if a bank has $6000 in checkable deposits and the required reserve ratio is 0.2 then the bank can lend how much money?
Give a critique of indifference curve
Public-Private Partnerships (PPPs):A form of financing public investment and sometimes the direct provision of public services, in that finance is provided by private investors (in
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