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(ii) Find a real-world example of second-degree price discrimination. Describe the important aspects of your example in detail and analyze it using economic theory. In particular,
discuss how economic theory of marginal utility explains the optimum pattern of consumption for an individual consumer
Q. Market Income and Socialism? Market Income: A household's total pre-tax income obtained from its activities in formal economy, including salaries andwages, investment income
using necessary and sufficient conditions explain consumer equilibrium diagrammatically as well as mathematically
The Industry's Long Run Supply Curve * The Effects of Tax - Earlier we studied how firms respond to taxes on an input. - Now, we will consider how firm responds to tax o
compare the concept of MRTS with the MRS and discuss the similarities and difference between them?
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Recent developments in demand theory
Question 1: A good internal transport network is a sine-qua-non condition for development. What are the problems of the transport sector? Question 2: ICT has a defin
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