Cardinal utility, what is cardinal utility. Please give an example

what is cardinal utility. Please give an example

Determine the efficient amount of refrigerant, The marginal benefit of a re...

The marginal benefit of a refrigerant in a production process (the producer's willingness to pay for its use) is 100-5Q.  The marginal damage from the use of the refrigerant on the

Consumer surplus , consumer surplus fot tea

consumer surplus fot tea

Slustky equation, how slustky equation provides neat analytical expression ...

how slustky equation provides neat analytical expression for substitution and income effect?

Cobweb therom, explain convergent and divergent system

explain convergent and divergent system

The lower the value MR of monopolist ,

Demand function, what is the homogeinity of demand function wrt prices and ...

what is the homogeinity of demand function wrt prices and income

Aaa, Ask quesIn your own words describe how a market would adjust in situat...

Ask quesIn your own words describe how a market would adjust in situations of: a) Excess Demand b) Excess Supply c) Equilibrium As a follow up you might think about what effects

Duality, duality was used in comparative static approach in assessing the d...

duality was used in comparative static approach in assessing the direction of change on economic variables . Why do we need duality and under what condition may duality can''t be u

Role of monetary policy, Q. Role of Monetary Policy? Monetary Policy: M...

Q. Role of Monetary Policy? Monetary Policy: Monetary policy reflects the use by government and government agencies (mainly the central bank) of interest rate adjustments and o