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9. The average supernormal profit for the firm is
Characteristics of prisoners dilemma
what the third degree price discrimination with case study of two successfull and unsuccessfull cases?
I would tend to think that a 5% per year goal is more reasonable. Smaller incremental goals always appear to be more attainable, while more radical goals may actually be more diffi
causes and effect of the unemployment
a) Consider the following flows (in thousand of people) between the various labour market states in a particular month: UE = 240 000; UNLF = 180 000; EU = 190 000; NLFU = 220 000
excess reserve make a bank less vulnerable to runs.why
discuss the implications of various market structures(competitive and non-competitive)for price determination
Volume of Trade: It relates to the size of international transactions. Since a large number of commodities enter in international transactions and their aggregate can be found
Problem: (a) "Economics is the study of how society decides what, how and for whom to produce". Describe the importance of opportunity cost to a society. (b) Distinguish bet
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