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#consumer behavior, Microeconomics
Posted Date: 9/12/2012 10:42:40 PM | Location : United States
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Consumer equlibrium, have to do a group project on consumer equlibrium. plz...
have to do a group project on consumer equlibrium. plz help on wat sub topics to select (i am in college 1st year)
Compute price and quantity in equilibrium, In the city of Gelato the market...
In the city of Gelato the market for ice cream is perfectly competitive. Aggregate demand for ice cream is: D(p) = 1200-25p where p is the price for one cone of ice cream. Al
Indifference curves, Indifference curves present all possible combinations ...
Indifference curves present all possible combinations of market baskets that give the similar level of satisfaction to a person. Indifference Curves 1. Indifferen
Theory of consumers behaviour, derive PCC for complementary goods
derive PCC for complementary goods
Snob appeal possibility, Situation is where a luxury is there. There is the...
Situation is where a luxury is there. There is the snob appeal possibility where the higher the price, the more desired the commodity it. Often people will drive expensive cars, e
Substitution effect, What is the substitution effect?
What is the substitution effect?
What are the three major types of unemployment, What are the three major ty...
What are the three major types of unemployment? a) Frictional b) Structural and c) Cyclical unemployment. Cyclical unemployment is broadly spread by an economy durin
Long-run supply of housing , The Long-Run Supply of Housing * Scenario...
The Long-Run Supply of Housing * Scenario 1: Owner-occupied housing - Suburban or rural areas - National market for inputs * Questions - Is this an increasing or co
Scarcity choice and opportunity cost, (a) Differentiate between a command ...
(a) Differentiate between a command economic system and a laissez-faire. (b) Assess to what extent it is advantageous for an economy when it moves from a controlled to a free-e
Distinction between cost and expenditure, Distinction Between Cost and Expe...
Distinction Between Cost and Expenditure As has already been defined, cost is the money equivalent of material and human resources needed to produce a good or a service. Expen
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