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What is meant by dumping?
Dumping is when a producing country dumps goods on foreign markets at a price lower than either the price on the home market or below the cost (HL: marginal cost) of production. Common instance are subsidised industries in developed countries which then dump excess supply on developing countries
DIMENSIONS OF UNEMPLOYMENT: What is the level of unemployment in the country? According to the 1999-2000 Survey of NSSO, the number of unemployed has increased from 20.13 mill
Two people are engaged in a joint project. If each person i puts in the effort xi, the outcome of the project is worth f(x1, x2). Each person’s effort level xi is a number between
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explain the central problem of economy with production possibility curve?
How does a
Using real life examples and the use of the following concepts: Effecient vs Ineffecient and Opportunity cost and increasing opportunity cost
Which drug is likely to be the most profitable for its producer (in terms of average “per-drug” profit)?
when the demand function is 2Q-24+3P=0,find the marginal revenue when Q=3.
discuss how economic theory of marginal utility explains the optimum pattern of consumption for an individual consumer
aid of production possibilty curve
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