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what is the theory of second best? prove the theorem with the help of a diagram.
What is consumer surplus? What is its significance and what causes it to change?
Suppose that there is a credit market imperfection because of limited commitment. As in the setup with collateralized wealth, each consumer has a component of wealth which has valu
resonance effect
what is the buying power of one''s income?
Neoclassical economics is dominant approach to economics currently taught and practiced in most of the world (and particularly dominant in Anglo-Saxon countries). It attempts to ex
Below are the two estimated cost functions. describe what type of data was most likely used to estimate each one and why. Explain which is a short- run function, determine the leve
chemistry assignments , obtain an expression for the allowed rotational energies of N 2 molecules. The equilibrium bond length of the N 2 molecules is 109.8 pm .
Ways in which the markets fail and discuss why government intervention is justified and whether government intervention works or not.
what are the concept of opportunity cost
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