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inflation and policies that are used to combat it
Ask question using health care as an example explain how markets fail due to different types of externalities arising from jointness in production and consumption
Disadvantages of State Trading State trading has several disadvantages. (i) State trading is often afflicted by the corruption and inefficiency usually associated with the pu
This involves the characteristics of the production human as well as non human using the product concerned. For example it may pertain to the number and characteristics of children
use of diagram how the price mechanism operates to allocate scarce resources. use examples to illustrate the answer.
calculate point elasticity of demand function Q=10-2p for decrease in price from Rs3 to Rs2
why raise MC cost after minimum level ?
managerial problems related to microeconomics
Determinants of Short Run Cost - The relationship among the production function and cost can be exemplified by either increasing returns and cost or decreasing returns and cost
Returns to Scale in Carpet Industry * The carpet industry has grown from the small industry to large industry with some large firms. * Question - Can the growth be illu
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