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supply and demand
what is the theory of second best? prove the theorem with the help of a diagram.
THEORY OF DEMAND: The consumer behaviour under indifferencecurve approach where it is assumed that the consumer possesses a utilityfunction. The next most important theory th
Laspeyres index The Laspeyres index tells us that: - The amount of money at present year prices which an individual requires to purchase bundle of goods and services which w
factors influencing the conditions of demand for a given product
what is the theory of second best ? prove the theorem with the help of a diagram .
Explain how automatic (fiscal) stabilisers may help to lower fluctuations in the business cycle. Definition of automatic stabilisers as built-in to the system in terms of trans
reason for kinked demand curve
why does the quantity of salt tend to be unresponsive to changes in its price
What are the steps of the basic analytical framework in Modern Economics? Framework is very significant to master this fundamental analytical framework, particularly, these fiv
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