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1. "Price discrimination allows a monopoly to increase its economic profit by capturing part of the consumer surplus and turning it into economic profit. Such a situation however l
explain economic growth
What is the theory of Second Best? Prove the theorem with the help of a diagram.
In the context of managerial economics how do you explain a rational producer. Illustrate giving example covering different dimention.
discuss the revealed preference theory of consumer behaviour
How dose PPC help, illustrate the basic economic problem?
Explain the difference between elastic and fixed supply
What is Deflation? Deflation in economics refers to reduce in the general price level, i.e. the nominal cost of goods and services as well as wages reduce. As, it is an opposi
Suppose the price of books is $15, the price of movies is $5, and your income is $75. Assuming you have a desire to reach constrained optimization, how many movies will you buy? Ho
optimal contracts under symmetric information
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