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ab, Managerial Economics
isoquant and its properties
Posted Date: 1/15/2013 9:46:26 AM | Location : Pakistan
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Budget Constraint line, 1. The price of a CD (PC) is $10 and the price of a...
1. The price of a CD (PC) is $10 and the price of a DVD (PD) is $20. Philip has his income (M) of $100 to spend on the two goods. Consider three consumption bundles: (C, D) = (2, 3
Where does the firm operate, Where does the firm Operate? The firm wil...
Where does the firm Operate? The firm will avoid stages I, II and III and will instead choose stage II. It will avoid stage I because this shall involve using the fixed facto
Consumption function, The Consumption Function The consumption functio...
The Consumption Function The consumption function is the relationship [expressed in mathematical or diagrammatic form] between planned consumption and other independent varia
Indirect taxes, INDIRECT TAXES These are imposed on an individual most...
INDIRECT TAXES These are imposed on an individual mostly producers or traders but they can be passed on to be borne by others usually the final consumers. They can also be de
Classification of taxes, CLASSIFICATION OF TAXES Taxes can be classifi...
CLASSIFICATION OF TAXES Taxes can be classified on the basis of: a. Impact of the taxes It means on whom the tax is imposed. On the other hand, incidence of the
Explain the efficiency wage model, Q. Explain the Efficiency wage model? ...
Q. Explain the Efficiency wage model? Efficiency wage models such as Shapiro and Stiglitz (1984) suggest wage rents as an addition to monitoring, because this gives employees a
Expectation elasticity, wHAT IS THE SIGNIFICANCE OF EXPECTATION ELASTICITY ...
wHAT IS THE SIGNIFICANCE OF EXPECTATION ELASTICITY ?
Phillips curve, PHILLIPS CURVE The Phillips curve, named after A....
PHILLIPS CURVE The Phillips curve, named after A. W. Phillips, describes the relationship between unemployment and inflation. In 1958 Phillips, then professor a
Law of demand, factorsw determining demand
factorsw determining demand
The governed economy, THE GOVERNED ECONOMY The governed economy contai...
THE GOVERNED ECONOMY The governed economy contains central authorities often simply called "the government" - who levy taxes on firms and households and which engages in numer
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