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traditional theory of cost, Microeconomics
traditional theory of cost
Posted Date: 7/17/2013 1:23:56 AM | Location : USA
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Explain marginal social benefit curve, 1. How does the marginal social ben...
1. How does the marginal social benefit curve of a common resource compare to the marginal social benefit curve of positive externality from a mixed good? Highlight the difference
International economics, alternative theories of trade
alternative theories of trade
Manpower-population ratios, Manpower-Population Ratios In this techniq...
Manpower-Population Ratios In this technique, manpower will not be planned for the economy as a whole. It will be planned for sectors or sub-sectors of an economy. For instanc
Industry''s long-run supply curve, The Industry's Long-Run Supply Curve ...
The Industry's Long-Run Supply Curve * Long-Run Elasticity of Supply 1) Constant-cost industry Long run supply is horizontal Small increase in price will induc
What is hyper inflation, What is hyper inflation? How it can be reduced? ...
What is hyper inflation? How it can be reduced? Hyper inflation means that prices of the consumable goods are very high. Prices can be decreased by supplying more goods in th
Elastisity of demand, #question.what is elasticity of demand? .
#question.what is elasticity of demand? .
Indifference curve analysis, You are a commuter student at a local universi...
You are a commuter student at a local university. Because of the steep rise in gasoline prices, your parents decide to give you enough additional weekly cash so that you can affor
Money in an economic system, Money facilitates market activities and is ess...
Money facilitates market activities and is essential in complex market systems. With money people can avoid the problems associated with coincidence of wants. Between, these pro
Macroecon, How might a “perfect” macro equilibrium be affected by (a) a sto...
How might a “perfect” macro equilibrium be affected by (a) a stock market crash; (b) the death of a president; (c) a recession in Canada; (d) a spike in oil prices?
Expected utility - consumer choice involving risk, Expected Utility: T...
Expected Utility: Theory Assume that a utility index exists which conforms to the five axioms. The expected utility for the two-outcome lottery L = (P, A, B) is given by,
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