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explain consumer equilibrium diagrammatically as well mathematically by using necessary and sufficient conditions
Use a PPF to explain the trade-offs that all economies face. All countries must construct some sort of system whereby output, allocation and distribution of goods is decided.
if coast of good A fall by Rs.1 & coast of good B increases by 1 Rs. what will be the effect on budget line
PEST analysis Political factors: The political factors include laws and regulations in the market and this influences the market activities. These laws and regulations a
1. The marginal benefit (demand) curve for pollution for an industry is P=100-4*Q, where Q is emissions in tons. The current emissions tax (price) for pollution is $40/ton. Regu
What is ceteris Paribus? Ceteris paribus is a Latin phrase, literally translated as "other things the similar," and usually rendered in English as "all other things being equa
what is rational decision and why it requires one''s choices be consistent with one''s goals?
how does compensated demand curve help managers?
IN YOUR OWN WORDS,HOW DO YOU DIFINE TRANSPORT ECONOMICS?GIVE RELAVANT EXAMPLES OF THIS AREA OF ECONOMICS.
relation between production and consmption
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