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Q. Can you explain Cost benefit analysis?
A term used to explain analysis, which seeks to quantify in money terms as many of the costs and benefits of a policy or project as possible, including those for which the market does not give a measure of economic value. The expression is sometimes confined to these monetary costs and benefits alone and sometimes used to describe an analysis of all the welfare costs and benefits.
How have economists traditionally defined "economic growth," and how is that different from "living standards growth"? Economists have traditionally explained economic growth
What are the major differences between the equilibrium of profit maximiser and sales revenue maximiser?
What is significance of methodological economics...
1. Assume that the market for wheat is perfectly competitive. Suppose the demand curve for wheat is given by: QD = 200 – 2P where QD is the quantity demanded, in bushels, and P i
suppose you have a coffee shop. list of fixed input and variable input for operating the shop
What is consumer surplus? What is its significance and what causes it to change?
Comparison with Other Countries: The basic purpose of this type of comparison is that: (i) it helps us to know the potentials of growth that can be built up in an economy,
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Wholemark is an Internet order business that sells one popular New Year greeting card once a year. The cost of the paper on which the card is printed is $0.50 per card, and the cos
Differentiate between nominal and real exchange rate. Nominal exchange rate is the rate which actually prevails in the foreign swap market. The real exchange rate is the rate
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