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Q. What do you meant by Progressive Tax?
Progressive Tax:Tax is considered progressive if a larger proportionate share of its total burden falls on individual'swith higher average incomes.
What is the theory of Second Best? Prove the theorem with the help of a diagram.
Stock of durable goods on hand: If the economy has enjoyed an extended period of prosperity, consumers may find themselves well supplied with various durable goods, e.g. cars,
specific characteristics of human existance
using ? tools of economic highlight on comsumption
explain bains model of limit pricing
what is the second best?prove the theorem with the help of a diagram?
Write a 1-2 page summary on markey failure
Modern cost curves theory
Sources of external economies of scale: Economies of Skilled Labour: This involves upgrading the skills of labour through the provision of education and training faci
Clearly explain the distinction between supply, demand and equilibrium price.
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