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what is profit appropriation
The demand for good X is estimated to be: where p x price of X in dollars M = personal disposable income in trillions of dollars per year P y = price of a competitive in do
calculate point elasticity of demand for demand function q=10-2p for decrease in price from rs 3 to rs 2
what are the limitation of managerial economics and what is the solution of it?
what does it mean?
Hawtrey views about Trade Cycle Hawtrey views trade cycle as a purely monetary phenomenon. According to him, inventory cycles result from fluctuations caused in the desired rat
The Social Cost of Unemployment i. For the individual, there is the demoralizing effect which can be devastating particularly when they are old. This is because as some
Problem: Long-Run Labor Demand and Factor Substitutability Suppose there are two inputs in the production function, labor (L) and capital (K), which can be combined to produce
In the national income analysis, investment refers to the value of than part of the aggregate output for any given time period which takes the form of construction of new structure
elasticity concepts occupies a central place in policy formulation explain in details
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