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Question : (a) Using a simple example, diffrence between inter - industry trade and intra - industry trade? (b) Illustrate the reasons for the existence of external economie
what is market equilibrium and disequilibrium?
explaination of quasi rent theory
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Illustrate and discuss the impliction of various market structures(competitive and non-competitive)
why is the concept of elasticity crucial to the study of economics?
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Q. Explain about Counter-Cyclical Policies? Counter-Cyclical Policies:Governments may take many different actions to offset ongoing booms and busts of private-sector economy. T
output and price determination under oligopoly market structure
Change in the price of a related good: Goods relate to each other in two ways. Goods are either complements or substitutes. Complementary goods are goods with joint demand. The
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