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Yuen, a travelling salesman for snake oil, can produce the stuff at a marginal cost of 1. There are 100 potential customers in Vernon, each of whom has the following demand functio
the general characterictics of economic models,its limitations and verification
Explain about the deadweight loss and elasticities. Deadweight Loss and Elasticities: The common rule for economic policy is the other things equal; you need to select the p
substitution and income effect on inferior good
International trade: International trade refers to the exchange of goods and services between countries. Goods sold to other countries are referred to as exports and goods bou
Regardless of the market structure, oligopolist and the monopolist maximize their TR when MR=0. Do you agree?
who proposed the law of chemical combinations?
discus how opportunity cost influence supplier''s decision to supply labour
Inflation Types Inflation is generally classified on the basis of its rate and causes, while rate-based classification of inflation refers to the severity of inflation or how h
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