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discuss the trend and composition of national income and per capital income
(a) Explain why the Pareto criterion does not provide a complete ordering of the ordinal utility space (b) The competitive equilibrium is the only allocation where the gain
how to calculate out put and price
Average product of a factor is the total output produced per unit of the factor employed thus, Average product = total product / number of units of factor employed If Q stand
Regardless of the market structure, oligopolist and the monopolist maximize their TR when MR=0. Do you agree?
discuss ho capacity utilization and product differentiation affect internal rivalry and entry barriers with the analytical framework of the porter five forces model. use the econom
Assume in the Solow growth model that s=.25, n=.02, d=.08, and f(k)=k^3. A) Assume that z=2. What is the steady state level of capital per worker and consumption per worker?
What are the chemical properties of silicon?
What happens to the market for cchicken wings if the price of beer increases?
if tc is 200 what will be marginal cost?
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