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What are the economic implications of income inequality? How can economic theory be helpful to analyze the causes and impact of income inequality? What are the concerns and how can
Consumer Surplus -Difference between maximum amounts a consumer is wishing to pay for a good and amount actually paid. The stepladder demand curve is converted into a
What is law of demand
what is the theory of Second best? Prove the theorem with the help of a diagram.
what is a perfect competition and how does it differ from monopoly?
what do you understand by production posibility curve?
illustrate and discuss the implications of various markets structures(competitive and non-competitive) for price dertimation
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
Employee Communication More widely called internal communications, employee communication is must in retaining a happy and productive workforce. Internal communications to e
what is the homogeinity of demand function wrt prices and income
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