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how do you calculate opportunity cost
Let Consider the following insurance market. There are two states of the world, B and G , and two types of consumers, H and L, who have probabilities p H =0.5 and p L
the full detailed of market structure their characteristic ,sources with clear explanation
would a rational producer be concerned with the average or marginal product of an input in deciding whether or not to hire the inputs?
Problem 1 : (a) What are the main assumptions behind the macroeconomic theory of New Classical Economists? (b) Describe the Lucas Supply function and explain its policy imp
Problem 1 (a) Explain the evolution of exchange rate system in Mauritius. (b) According to you, what factors determine exchange rates in the long run? Problem 2 "Inf
Externalities: Many economic activities have collateral effects (at times positive, but more often negative) on other people who aren't directly involved in that activity. Illustra
define perspective of managerial economics.
resonance effect
explain the fundamental task of economic system usin tomatoes as an example
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