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trend and structure of national income in nigeria
Disposable Personal Income The amount of cash remaining after taxes are removed that an individual has the opportunity to spend.
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if the inverse demand curve is p=120-Qand the marginal cost is constant at 10, how does charging the monopoly a specific tax of 10 per unit affect the monopoly optimum and the welf
Elastic and Inelastic Demand can be understood as follows: Slope and elasticity of demand have an inverse relationship between them. When slope is high elasticity of demand bec
Welfare Analysis 1-Of the following four institutions for allocating apartment to different people at different prices i. The competitive market ii. A discriminatin
Risk Neutral - A person is a risk neutral if they show no preference between certain, and an uncertain income with the same expected value.
disadvantages of monopsony
illustrate and discuss the implications of various markets structures(competitive and non-competitive) for price dertimation
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