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discuss whether marginal utility is a realistic piece of economic analysis in explaining consumer demand
identify three factors to criticize the theory of consumer behavior or utility theory
firm''s product sells for Rs.200 per unit in a highly competitive market. The firm produces output using capital (which it rents at Rs.7500 per hour) and labor (which is paid a wag
shows teh steps in unitary mehod
importance of monopolistc competition in Indian market.
the diagram used to illustrate of abnormal and normal profits
Question: (a) Explain the factors that contributed to the adoption of structural adjustment programme by a majority of Least Developed Countries in the 1980s? (b) Describe t
True public goods are those goods which can't be provided to one group of consumers, without being provided to any other consumers who desire them. Thus they are "non-excludable."
Social cost: Social cost of production refers to the cost incurred by a society when its economic resources are used to produce a given commodity. The usage of a society’s res
according to Tobin 1993,examples of Keynesian unemployment includes situation where
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