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What does the basic neoclassical, or traditional, model of economics assume about markets? It supposes that markets are perfectly competitive and smoothly functioning, and thos
what is the second best?prove the theorem with the help of a diagram?
What is a Market? Markets A geographically stated area where buyers and sellers interact or communicate to decide the price of a product or a series of products. Marke
implications of market structures on price determination
i want an application on indifference curve of a specific firm? can i get it easily?
In the city of Gelato the market for ice cream is perfectly competitive. Aggregate demand for ice cream is: D(p) = 1200-25p where p is the price for one cone of ice cream. Al
Why some country saving less and consumption more?
Question: (a) With reference to the characteristics of market structure, describe why the market for powdered milk in Mauritius is an appropriate example of monopolistic compe
explain the concept economies/diseconomies of scale and minimum efficient scale
mancosa assignment
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