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criticism of cournot model
choose a topic from microeconomics that matters to you and find a recent news article covering that topic?
specific characteristics of human existance
In neoclassical economics, equilibrium exists when supply equals demand for a particular commodity. General equilibrium is a special (purely hypothetical) condition in which every
What are the differentiated conditions of economic issue? While discussing an economic issue, this is very important to differentiate between: (a) Two types of conditions: e
causes for emergency of monopoly
What is snob effect
What is the Adam smith view of "invisible Hand"? Invisible hand is an unknown power which is working for the interest of total economy. In any economy, everybody cares for his
Risk Neutral - A person is a risk neutral if they show no preference between certain, and an uncertain income with the same expected value.
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