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Explain in detail the concept of PPC with suitable eg.
1. Discuss how banks make money, and are structured in respect to Asset, Liability and Capital Management – give examples.
In the case of a tax abolition on food staples, what are the short run and long run effects?
NETWORK EXTERNALITIES Till this point we have assumed that people's demands for good are independent of each other. Actually, a person's demand can be affected by the number
state the law of downward sloping demand
U+v, UV, u/v
Movements of the demand curve itself, either to the left or right are known as changes in demand. A change in demand is caused by a change in one or more of the nonprice determina
what is externalities and market inefficiency
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Demand Function The function capturing the dependent relationship between the price people are willing to pay for products or service and other factors related to that product
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