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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
Is economic development is based on goverment Many governments--mainly unelected governments-aren't that interested in economic development. Giving valuable industrial franchis
the basics in micro economics
when average product is decreasing, marginal product is?
TC = Q3 – 8Q2 + 68Q + 4, get the median and mode
Price System: Demand is the quantity of a commodity that consumers are willing and are able to buy at a given price at a given time period when all other things remain the sam
1. The marginal benefit (demand) curve for pollution for an industry is P=100-4*Q, where Q is emissions in tons. The current emissions tax (price) for pollution is $40/ton. Regu
detail of consumer surplus with examples
illustrate and discuss the implications of various market structures (competitive and non competitive) for price determination
Mathematical Presentation of Utility maximisation: Consumer's objective is to maximise her utility by solving UMP. To solve UMP, we set the Lagrange function of the correspond
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