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Why in 1996 did the BEA switch to calculate real GDP using the "chained-dollar method" from the "constant-dollar method"? The BEA made the switch from the constant-dollar metho
what is direct utility in micro economics?
Ask question #what is an indifference curveMinimum 100 words accepted#
Why do demand curves generally slope downward? The demand curve slopes downward because in general, the higher the price of the good, the fewer people will need to buy it.
Recent developments in demand theory
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an introduction
How do I draw and interpret a combined ppc curve?
Use of Income elasticity of demand: Income elasticity of demand on the other hand, has the following uses (i) Income elasticity of demand shows how the pattern of consumer de
Why demand curve is always negative and write its effects.
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