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The Efficiency of a Competitive Market *? When an competitive markets generate an inefficient allocation of the resources or market failure? 1) Externalities Costs
what is the theory of second best?prove the theorm with the help of diagram?
Functions of money in any modern economy: A medium of exchange: Money facilitates the exchange of goods and services because, people exchange the goods and services they produ
when does a buisness reach shutdown point
criticisms of monopolistic competition
Functions and Resources of the Bank The main functions of the Bank are as follows: • to assist in reconstruction and development of the territories of it member-governmen
Why narrowness of definition of a commodity may influence price elasticity of demand
PEST analysis Political factors: The political factors include laws and regulations in the market and this influences the market activities. These laws and regulations a
What is What is Critical Temperature? Why Critical Temperature is Specified in Equation? Describe critical temperature specification...
TC = Q3 – 8Q2 + 68Q + 4, get the median and mode
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