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Features of monopolistic competition: Large number of firms in the industry. There are many small firms each supplying only a small share of the total market output. Hence, no
discuss the term of price mechanism,give examples to elaborate the concept clearly
discuss how economic theory explains the optimum pattern of consumption of an individual consumer
how does utility figure in the analysis of consumer demand
Clearly explain the distinction between supply, demand and equilibrium price.
DISCUSS THE COMPENSATION PRINCIPLE OF KALDOR -HICKS
Find the highest interest rate: There are 2 entrepreneurs, Sally and Paul. The return to their projects are given by: To finance the project, each entrepreneur needs
Aggregate Demand For Wheat The demand for U.S. wheat is comprised of domestic demand and export demand. The domestic demand for wheat can be given by the equation: -QDD =
Change in the price of a related good: Goods relate to each other in two ways. Goods are either complements or substitutes. Complementary goods are goods with joint demand. The
Q. What is working of world Bank? An international financial organization formed after World War II and based in Washington D.C. Its supposed purpose is to promote economic dev
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