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Value Additivity
In an efficient market the value of any 2 assets can be estimated as the sum of the values of the two individual assets. This is a variation on the theme that the whole must be equal to nothing more than the sum of the different categories.
Suppose an economy has four sectors, Agriculture (A), Energy (E), Manufacturing (M), and Transportation (T). Sector A sells 10% of its output to E and 25% to M and retains the rest
what is demand function
Various studies have concluded that the demand for movie cinema attendance is responsive to advertising. A study of one company, with movie cinemas in three neighbouring towns, sh
In his 2009 budget proposal for the U.S., President Obama wrote, "Unfortunately, we are also inheriting the worst economic crisis since the Great Depression which will force us to
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what is tariff and qouta
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