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what is the purest form of iron?
The US government decides to subsidize solar panels. For each unit sold, the government pays $T to the buyer. Using a graph, show how this subsidy affects i) consumer surplus, ii)
how to calculate growth rate in closed economy
an introduction
1. Explain externality, how can government intervene to achieve allocative efficiency in case of external cost or external benefit? 2. Explain oligopoly's structure and use game t
What have been some justifications given for the historical exclusion of household production from the national accounts? Some reasons have included: a. households are not p
Earth is completely surrounded by thick envelope of gases called atmosphere. Atmosphere is sub divided into different layers depending upon the distance from the sea level. The
Difference between accounting profit and economic profit: The difference between accounting profit and economic profit is that economists include in total cost of production b
what is a sub game perfect Nash equilibrium
The Budget Line The line BB gives the persons budget constraint. It is described by the linear equation c + wl = w; which can be rewritten as c = w - wl: The budget li
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