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what are the properties of cob-douglas production function
draw demand curve for a-phone explain how the graph, price ,and quantity demand will change if there is an overall increase in income.
types of elasticity of demand
What are the income and cross elasticities of demand? Why might they be useful? Explain.
explain how microeconomic and macroeconomic issues may be represented using the production possibility curve
Seaports and Airports: Seaports India has 12 major ports and about 185 minor ports over its coastline spread over 7,000 kms. Major ports are managed by the Central Government
explain budget line?
meaning, scope, nature
The Production Possibilities Frontier (PPF) The PPF curve exhibits the probable combinations of goods and services accessible to an economy, given that all productive resources
The total demand consists of: 1. New owner demand and 2.A replacement demand The replacement demand tends to grow with the in the total stock with the consumers. Once a pe
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