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Optimum currency area: An optimum currency area (OCA), also known as an optimal currency region (OCR), is a geographical region in which it would maximize economic efficiency
using necessary and sufficient condition explain consumer surplus diagrammically and mathematically?
"Dr. Arata Kochi, the World Health Organisation malaria chief,... [says that] eradication is counterproductive. With enough money, he said, current tools like nets, medicines and D
identify three factors to criticize the theory of consumer behavior or utility theory
illustrate and discuss the implications of various market structures (competitive and non competitive) for price determination
How to solve questions of endowments?
Suppose that in an economy 100 worker-hours produce 160 units of output in year 1. In years 2 and 3 worker hours are 120 and 130 and units of output are 216 and 260, respectively.
Elasticity of Market Supply • Perfectly inelastic short run supply arises when industry's plant and equipment are so fully utilized that new plants should be built to ac
Why demand curve is always negative and write its effects.
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