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Why has it been difficult to produce a single estimate of an environmentally adjusted or "greened" GDP? What are the two approaches that can be used to put a value on environmental assets and services?
Because there is more than one way to put a measure on the value of environmental services. The two approaches to calculate environmental services are the damage cost approach and the maintenance cost approach.
Why Have These Economies Converged? By and large economies which have converged are those which belong to OECD: the Organization for Economic Cooperation and Development that w
elasticity of demand of a product in different market forms such as perfect competition, monoply etc.
marginal utility is applied on money or not
discuss the revealed preference theory of consumer behaviour
What is the substitution effect?
b) Why is monopoly considered to be generally against public interests, and what policy instruments can be used to regulate monopolies?
How are the limitations of the economics theory affected? Limitation of Economic Theory: While examining the generality of an economic theory, one must realize any assump
The Effect of Effluent Fees on the Firms' Input Choices * Firms which have a by-product to production produce an effluent. * An effluent fee is a per unit fee which firms
what is reciprocal demand?
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