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use the concept of the income elasticity of demand to explain the difference necessities, luxuries and inferior goods
if a commodity has limited demand , should economist say that we still have a scarcity ?
what are some of recent development in theory of demand
how do minimum units cost change with changes in fixed cost
Q. Level of aggregate demand in economy? Demand-pull inflation takes place when there is an increase in level of aggregate demand in economy. Aggregate demand comprises five co
how do I explain the hicksian and slutsky theory of consumer behaviour in an examination
TRADE policy: The well known economist D. H. Robertson has immortalized the role of trade in development with his famous statement that "trade is an engine of growth". The pol
what is the profit maximising quantity of L
What is Modern Economics? Modern Economics: Modern economics mostly developed within last sixty years, methodically studies individuals’ economic behavior as well as econo
differance between capitalism and socialism
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