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if coast of good A fall by Rs.1 & coast of good B increases by 1 Rs. what will be the effect on budget line
Suppose that a firm’s production function is given by Q=30L-3L2, where L is labor input and Q is the output. a) Derive and draw the firm’s demand for labor while the firm’s produ
You estimate that the price elasticity of demand for one-acre plots in Lusaka is -1.5 and that income elasticity of demand is 5. Land owners intend to increase the price of a one-a
Determinants of Private Demand for Education Rates of return on investment in education is only one of the factors determining the demand for private investment though it is
law of diminishing marginal returns does not hold then output of the world can be produced in a flower pot. Explain?
Determine the Profit-Maximizing Price If a firm targets a 25 % rate of return on sales, and has unit costs of production of $100, what price should it charge if it uses cost-p
How does a per unit tax affect consumer surplus.
how do cooperative and noncooperative games differ
Risk Premium - The risk premium is amount of money which a risk averse person would pay to keep away from taking a risk. * Risk Premium: A Scenario - The person has a 5%
heckscher - ohlin theory of trade
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