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Indefference curve, Give a critique of indifference curve
Give a critique of indifference curve
Returns from education, Returns from Education Monetary benefits from ...
Returns from Education Monetary benefits from education are called as returns. Such benefits accruing to an individual are called as private returns. The sum of all private re
Economics from a different perspective, Economics; Different Perspectiv...
Economics; Different Perspective ? Economics is the knowledge of the choices taken by people who are faced with scarcity. ? Scarcity is a condition
Land resources , Normal 0 false false false EN-IN X-N...
Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4
Define benefit pensions, Defined Benefit Pensions: A pension plan that pays...
Defined Benefit Pensions: A pension plan that pays a specified monetary benefit, generally based on a pensioner's years of service and their income at the time of retirement.
Explain three argument of promote trade, 1. "Price discrimination allows a ...
1. "Price discrimination allows a monopoly to increase its economic profit by capturing part of the consumer surplus and turning it into economic profit. Such a situation however l
What is cost effectiveness analysis, Q. What is Cost effectiveness analysis...
Q. What is Cost effectiveness analysis? Cost effectiveness analysis A method which seeks to identify the least cost option for meeting a particular objective. It actives prior
Rational expectations and economic theory , RATIONAL EXPECTATIONS AND ECONO...
RATIONAL EXPECTATIONS AND ECONOMIC THEORY : We assumed above that the role of economic theory is not to provide quantitative predictions about the future. Suppose we assume ins
Price mechanism, discuss the term of price mechanism,give examples to elabo...
discuss the term of price mechanism,give examples to elaborate the concept clearly
Microeconomic monopoly, A monopolist faces the following demand function fo...
A monopolist faces the following demand function for its product: Q = 45 - 5P The fixed costs of the monopolist are $12 and the variable costs are $5 per unit. a) What are the
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