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consumer=m with the help of indifference curve analyis
THEORY OF INTER-TEMPORAL CONSUMPTION: In the previous two units, we have been concerned with choices among contemporaneous commodities. An important class of choices made by c
This is the practice of maximizing profits and revenues and minimizing costs, using marginal analysis.
Why Have These Economies Converged? By and large economies which have converged are those which belong to OECD: the Organization for Economic Cooperation and Development that w
Why is high unemployment considered a bad thing? High unemployment means that a nation's resources are underutilized. It also poses great psychological, economic, and social c
Elasticity help
Player 2 C B A 1,2 3,2 B 2,3 a, b Player 1
Cost Push or Supply Inflation: It is a situation where the process of increasing price level is caused by increasing costs of production which push up prices. Cost push infla
Employee Communication More widely called internal communications, employee communication is must in retaining a happy and productive workforce. Internal communications to e
would a rational producer be concerned with the average or marginal product of an input in deciding whether or not to hire the inputs?
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