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Ask quesThe market demand for brand X has been estimated as Qx = 1,500 - 3Px - 0.05I - 2.5Py + 7.5Pz where Px is the price of brand X, I is per-capita income, Py is the price of
what is fractional reserve and how does it affect money supply?
Problem : "The beliefs that free trade favors only the rich countries and that volatile capital markets hurt developing countries the most have led activists of many stripes
What is the theory of Second Best? Prove the theorem with the help of a diagram.
What are the main causes of unemployment? Two main paths are available; demand-deficient unemployment and real wage unemployment. After explaining unemployment (percentage o
merits and demerits of monopsony
what is The most important source of oligopoly?
SUMMARY OF THEORY OF PRODUCTION
Question: (a) Using an example, differentiate between private, social and external costs and benefits. (b) With the use of a diagram, describe the difference between profi
Explain the difference between elastic and fixed supply
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