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what is Scitovsky Contour ?
is it just assumed that a monopoly graph is showing economic profit instead of accounting profit
Explain about the optimal consumption rule. The optimal consumption rule: While a consumer maximizes utility, the marginal utility per dollar spent should be similar for all
Differentiate between oscillation and damp cobweb model
Profits University creates student credit hours (y) with two inputs: Professors' hours of work (x1) and TAs' hours of work (x2) according to the manufacture function: f(x1,x2)= 10x
what is demand forecasting and defines its techniques
IS Mn3O4 basic or amphoteric.
a project report on marshalls marginal utility analysis
Problem: (a) Distinguish between fiscal and monetary policy, giving examples where appropriate. (b) Explain how fiscal and monetary policies might be used by a government
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