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4 models
Structuralist Economics:Its a form of heterodox economicsthat emphasizes relationships betweenincome distribution, effective demand and political and economic power. Structures:
Explain the axioms of completeness, transitivity and non-satiation using appropriate examples.
The raspberry growing industry is a perfectly competitive industry. The firms in the industry have a U-shaped LAC, minimum average cost is $8 and the minimum efficient scale is 4 u
Short run production period and long run production period: The short run is a period of production during which some factors of production are fixed and some too are variable
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identify three factors to criticize the theory of consumer behavior or utility theory
law
Theories of Chamberlin’s monopolistic competition and Joan Robinson’s imperfect competition have revealed that a firm under monopolistic competition or imperfect competition in lon
. the condition for second degree of price
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