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elasticity of demand of a product in different market forms such as perfect competition, monoply etc.
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THEORY OF CONSUMER SURPLUS: We discuss the basic concept of consumer surplus and its derivation. A consumer normally pays less for a commodity than the maximum amount that she
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"Consider a market with n firms occupied in Bertrand competition. These firms have in common dissimilar marginal costs but any number of them may also have equivalent marginal cost
Measuring the Economic Value of Education A review of research works regarding the economic value of education shows that it developed in four different directions. They a
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