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Conventions as a basis for forming expectations, Conventions as a Basis for...
Conventions as a Basis for Forming Expectations : Since there is little objective basis for probability distributions about future yields, decision-makers have to act on the ba
Theory of consumer surplus, THEORY OF CONSUMER SURPLUS: We discuss the...
THEORY OF CONSUMER SURPLUS: We discuss the basic concept of consumer surplus and its derivation. A consumer normally pays less for a commodity than the maximum amount that she
What is explanatory research?, Explanatory research is research conducted i...
Explanatory research is research conducted in order to describe any behavior in the market. It could be done by using questionnaires, group discussions, random sampling, interview
Price elasticity of demand, price elasticity of demand any 2 commodities
price elasticity of demand any 2 commodities
Advanced microeconomics, How would you construct an estimate of marginal co...
How would you construct an estimate of marginal cost, & ?C(w, y) , in each period? ?Y
Law of Demand, what is Law of Demand?
what is Law of Demand?
Production cost, assingnment on production cost
assingnment on production cost
Is there any relation between inflation and unemployment, Is there any rela...
Is there any relation between inflation and unemployment? The Phillips Curve was a relationship among unemployment and inflation discovered by Professor A.W. Phillips. He foun
Economics, what is the differences between utility theory, indifference the...
what is the differences between utility theory, indifference theory and revealed preference theory
Microeconomics assignment, suppose the production function is given as:X=b0...
suppose the production function is given as:X=b0Lb1Kb2,where b0=level of technology find marginal product of factors(MPL0and MPK) find factor intensity
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