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Theory of Oligopoly: Oligopoly is that situation where the number of firms in the market is large but not as large as in the case of perfect competition so that it is possible for
1). Define and explain the concept of an externality. Provide examples of both positive and a negative externality. 2). The Prisoner's Dilemma Exercise:
what is aridge line and significance in economics.
What would be a factor that would make the prospects hopeful for overcoming the demand for resources in the future
what is marginal costs?
limitation of kaldor hicks in compensation test and welfare criteria
The economy, however, is facing inflationary pressures. To deal with the macroeconomic problem, the government uses expansionary fiscal policy to decrease taxes and, as an indirect
For the pizza seller whose marginal, average variable, and average total cost curves are shown in the following diagram, what is the profit-maximizing level of output and how much
if coast of good A fall by Rs.1 & coast of good B increases by 1 Rs. what will be the effect on budget line
Export Entrepreneurship: This need be developed by providing necessary facilities and making export an attractive and profitable business proposition. In this connection, it
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