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application of indifference curve analysis to the problem of exchange
Q. What is Formal Economy? Formal Economy:Sector of the economy that produces services and goods in return for monetary payment, and is fully integrated into the formal structu
what is non- collusioligopoly and how its price and output is determined
determination of rent
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why we study micro econmics?
Illustrate and explain the changing demand for big mac using the indifference curve and budget line.
Analysis of business portfolio by using Boston Consultant Group (BCG) Matrix.
Indirect Utility Functions: Let qi denotes commodity i and pi is the price of that commodity. Let y denotes money income of the consumer. Suppose vi = pi/y. The budget constra
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