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explain nature of microeconomic
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Distinction between human capital and resource and manpower , Distinction b...
Distinction between Human Capital and Resource and Manpower Health and education are normally considered as human capital. Health includes both physical health and fitness. E
What are the important functions to maximize total surplus, What are the im...
What are the important functions to maximize total surplus? The market equilibrium maximizes total surplus since the market performs four significant functions are as follows:
Consumer choice involving risk.., why risk averse consumers pay premium for...
why risk averse consumers pay premium for insurance to convert an uncertain outcome to a certain one?
What is expenditure function, What is Expenditure Function? The Expendi...
What is Expenditure Function? The Expenditure Function: When preferences satisfy the local nonsatiation assumption, in that case v(p, m) will be strictly increasing into m.
Cost function, Costs: If raw materials, machines and other things require...
Costs: If raw materials, machines and other things required for production could be made available freely then the study of the theory of the production and indeed, the study of
Determine the nominal reservation wage, Mikes' preferences for consumption ...
Mikes' preferences for consumption and leisure may be represented by the Utility function: u(C, L) = ( C-200)*(L-80) . His marginal utilities of leisure and consumption are (C-200
Determinants of social demand for education, Determinants of Social Demand ...
Determinants of Social Demand for Education Certain levels of education like the secondary school and graduate level are considered as having productive value and are attribut
Principles of microeconomics, can you help me figure out how to create a gr...
can you help me figure out how to create a graph with little or no information
Growth of employment opportunities, GROWTH OF EMPLOYMENT OPPORTUNITIES: ...
GROWTH OF EMPLOYMENT OPPORTUNITIES: Several disquieting features are observed in the Indian labour market over the past two decades particularly during the 1990s. These are di
Schrodinger wave equation, The Schrodinger wave equation generalizes the fi...
The Schrodinger wave equation generalizes the fitting-in-of-waves procedure. The waves that "fit" into the region to which the particle is contained can be recognized "by inspect
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