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what is demand function
if a commodity has limited demand , should economist say that we still have a scarcity ?
An individual derives utility from consuming goods X and Y according to the following estimated utility function U = 12X 2/3 Y ¼ X and Y are quantities (units) of
what are the main properties and assumptions of indifference curve
what the contenporary issues in micro economics in nigeria
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Suppose a government uses an expansionary fiscal policy to get out of a recession. Use the IS/LM model and the IS-PC-MR model to explain what monetary policy to pursue.
Five uses of elasticity on the Public Sector and five uses of elasticity on the Private Sector.
consumer choice involving risk
A government official announces a new policy. The country wishes to eliminate its trade deficit, but will strongly encourage financial investment from foreign firms. Explain why su
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