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PARALLEL ECONOMY: What is in popular parlance known as black money, and is, misleadingly called the 'parallel' economy, (as it operates very much with and within the legal, fo
what is histogram?
what is Law of Demand?
An economist's view of costs contains both explicit and implicit costs. Explicit costs are accounting costs, and implicit costs are the opportunity costs of an allocation of resou
what is externalities and market inefficiency
f(x1 x2,x3,x4) =min(x1/4x22/3,x3+2x4)
assignment
#question.Question: Answer all parts (a, b, c, d, e & f). Consider the following insurance market. There are two states of the world, B and G, and two types of consumers, H and L,
what is disposable income and its importance.
What is law of combination
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