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game theory, Microeconomics
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Micro, 2. a. Suppose the demand for saline solution is perfectly inelastic ...
2. a. Suppose the demand for saline solution is perfectly inelastic for contact lens wearers. If the government imposes a tax on saline solution, what occurs? Be sure to tell what
Cost in the long run, Cost in the Long Run Cost minimization with the V...
Cost in the Long Run Cost minimization with the Varying Output Levels -A firm's expansion path shows minimum cost combinations of labor and capital at each level of output.
Graphical methods - trend projection methods, A trend line can be fitted th...
A trend line can be fitted through a series graphically. Old values of sales for different areas are plotted on a graph and a free hand curve is drawn passing through as many point
Consumption function, to prepared a projects
to prepared a projects
Indifference curve, Jane receives utility from days spent travelling on vac...
Jane receives utility from days spent travelling on vacation domestically(D) and days
What are the basic economic institutions, What are the basic economic insti...
What are the basic economic institutions? There are two fundamental economic institutions which have been so far used into the real world are as: a. Market economic institut
How can we identify that something is elastic or inelastic, How can we iden...
How can we identify that something is elastic or inelastic? When demand of any commodity does not change with the change in price of that commodity that item is said by inelas
Microeconomics, Consider the market for purple magic markers. The demand fo...
Consider the market for purple magic markers. The demand for purple magic markers is perfectly elastic and the supply is upward sloping. If sellers of purple magic markers are taxe
THEORIES OF DETERMINATION OF RENT, STETE THE THEORIES OF DETERMINATION OF R...
STETE THE THEORIES OF DETERMINATION OF RENT
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