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For the special case when firms are price takers, what is the relation between total revenue, average revenue, marginal revenue and price?
Write a book review of a book of your choice (chosen from the list of course reference literature) by either Joseph A. Schumpeter or Israel Kirzner about entrepreneurship and macro
What is the function of World Trade Organisation in the promotion of development? The World Trade Organization (WTO) is international association dealing along with the global
How is the equality of income distribution measured? The Gini coefficient is a statistical type measure of income distribution. This Gini coefficient is: • 0, which impl
what is the immigration surplus?
QUESTION a) State and explain the assumptions of a perfectly competitive market. b) Analyse the effects on the firm's profit and output of an increase in demand in the short
the basic assumption of the static model
How is supply related to opportunity cost?
What are Rostowís limitations? • Presently LDCs face much various conditions than DCs into the 19th century the origin of Rostowís studies • LDCs are very same but very dif
explain the market structure of computer engineering sector
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