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What are the basic economic institutions? There are two fundamental economic institutions which have been so far used into the real world are as: a. Market economic institut
what is the law of diminishing marginal product? explanation with the help of proper schedule and diagram.
What are the three approaches to measuring GDP? The three approaches are: a) The production approach, b) The spending approach and c) The income approach.
Differentiate between nominal and real exchange rate. Nominal exchange rate is the rate which actually prevails in the foreign swap market. The real exchange rate is the rate
a project report on marshalls marginal utility analysis
WHAT IA GMP
what is supply and demand
what are the sources of oligopoly power
Suppose there are two countries (home and foreign) and that two goods can be produced within those countries: machinery (M) and bread (B). Marginal product of labor (MPL) is given
what is the homogeinity of demand function wrt prices and income
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