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wHAT IS THE SIGNIFICANCE OF EXPECTATION ELASTICITY ?
Equilibrium in a two commodity market Let us consider a two-commodity market model in which the two commodities are related to each other. Let us assume the functions for bot
Q. What do you mean by Kinked Isoquant? This isoquant presumes only limited substitutability of labour andcapital. There are just a few processes for generating any one commodi
Ask questiHow does economic theory contribute to managerial decisions? on #Minimum 100 words accepted#
asumption and limitation of increemrntal,oppurtunity cost
Monetary Theory We have seen that Schumpeter theory which runs in terms of innovations and technical change, is at best an incomplete explanation of trade cycle . there are eco
Stable and Unstable Equilibrium An equilibrium is said to be stable equilibrium when economic forces tend to push the market towards it. In other words, any divergence from t
Total Cost (TC) This is the sum of fixed costs and variable costs i.e. TC = FC + VC.
Explain about the marginal analysis. The optimal quantity of an activity is the level which produces the maximum probable total net gain. The principle of marginal analysis
demand for sting ray
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