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What is the difference between a change in demand and a change the quantity demanded? There is a distinction among demand and quantity demanded. Demand explains the behavior o
Define injections and withdrawals. "The inflows in circular flow of income are known as injections". Investment, government spending and exports are there in injections "The
Regulation is not a panacea. There are troubles with rate regulation. In our litigious society, the legal proceedings contained in rate regulation are not inexpensive for any of
The price of a laptop increases by 20% and there is a 40% drop in the quantity demanded.
Duopolist P=20-0.1Q where Q=QA+QB CA=QA CB=0.1QB2
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define opportunity cost and how it is useful in managerial decision making?
what is the theory of Second best? Prove the theorem with the help of a diagram.
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