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Describe the role of money in a modern economic system. Does this simplify or complicate matters? Explain.
when the demand function is 2Q-24+3P=0,find the marginal revenue when Q=3.
Florida citrus mutual, an agricultural cooperative association for citrus growers in Florida, needs to predict what will happen to the price and output of Florida oranges under the
A company a product using labor (L) and raw material (R) with Q = 80L^0.2 R^0.8. If labor costs $20 per hour and raw material $40 per unit, what is the optimal combination (least c
inflation and policies that are used to combat it
Separate Administrative Set-up for Exports: It may be worth examining the setting up of Foreign Trade Board, similar to what obtains in Japan (JETRO) and South Korea (KETRO)
what is the theory of second best? prove the theorem with the help of a diagram.
Define the adoption of economic institutional arrangement in analytical frameworks. Adoption of Economic Institutional Arrangement: The third step for studying an economi
Stackleberg Model : is another attempt at understanding the strategic decision making of oligopolistic firms. It derives its name from Heinrich Freiherr von Stackelberg whose brain
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What are externalities? Give an example of positive and negative externality and explain why the market outcomes are inefficient in the presence of externalities
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