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Consider an upstream firm in Russia that mines iron ore at a total cost of $15 q , where q is the number of tons of ore. This upstream firm then ships ore to Germany for processi
discuss how economic theory explains the optimum pattern of consumption of an individual consumer
Why is it considered well to bring all BOP's to zero? If BOP of any country is zero, it reflects that the present account of that country has sufficient balance to meet the n
how can I execute this topic in new way of teaching? That will focus on activity base and art of questioning that will answer by the students?
If we have two products, A and B, which are substitutes, we can expect that a rise in the price of A (or B) will cause the demand for B (or A) to go up.” Examine this statement wit
What is Expenditure Function? The Expenditure Function: When preferences satisfy the local nonsatiation assumption, in that case v(p, m) will be strictly increasing into m.
Two people are engaged in a joint project. If each person i puts in the effort xi, the outcome of the project is worth f(x1, x2). Each person’s effort level xi is a number between
what is The most important source of oligopoly?
Define Nash equilibrium and explain with the help of the game ''prisoner''s dilemma''.
about visit to village panchayat fo data agriculture based project
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