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Three People choose whether to contribute a fixed amount toward the provision of a public good. This good is provided if and only if at least two of them contribute. If it is not p
summary of general equilibrium
Case 1: The market for drugs Supply, demand, and equilibrium: The market for drugs. Suppose the market for drugs is a perfectly competitive market. Let the supply curve
what is le''chatliers principle?
identify and discuss four major managerial factors that lead to dis-economies of scale
What is buget line how it is calculated?
Managerial theories of the firms
Foreign Direct Investment: It is an investment by a company (based in one country) in an actual operating business, including real physical capital assets (such asmachinery, buildi
What are the uses of elasticity to the private sector
use the concept of the income elasticity of demand to explain the difference necessities, luxuries and inferior goods
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