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"As long as consumers are willing to pay a positive price for a good, the larger is the quantity formed, the greater is the total surplus from trade." Explain this statement if it is true.
#question.PROPERTIES OF INDIFFERENCE CURVES WITH TABLE AND DIAGRAM.
A city government regulates taxi fares. It also limits the number of taxicabs (by licensing), and has not changed the limit on cabs for lot of years. At one time vacant taxis wer
Balancing Needs and Resources planning is a balancing act. It involves the balancing of needs with resources towards set goals. Likewise, educational planning involves the bal
thoery explanation
uses of time series in Indian Economy?
determinate equilibrium price and quantity. if Qd=7-1/2p AND Qs=1/4P-1/2
when average product is decreasing, marginal product is?
Assume that milk operates in a perfectly competitive market, use a well labeled demand and supply model to explain how market equilibrium price of milk is being determined.
crumble corporation produce biscuits. here the relation between the number of workers and output
illustrate and explain the changing demand for big mac using indifference curve and budget line
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