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what is the theory of second best? prove the theorem with the help of a diagram.
williomson''s model of managerial discretion
please may you explain this concept
how measure the inflation
Composition of Trade: It is indicative of the structure and level of development of an economy. For instance, most of the UDCs depend for their export earnings on a few primar
This is the practice of maximizing profits and revenues and minimizing costs, using marginal analysis.
Problem: a) What factors would you consider when analysing the digital economy relative to e business? b) "The growing use of the internet by consumers and businesses has re
The reason that an entrepreneur supposes the risk of starting a business is to earn profits. The fundamental assumption in the theory of production is that a rational owner of a b
What is the theory of second best? Prove the theorem with the help of a diagram
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