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math question
#queIn a particular year, an organization earns cash revenues of Rs. 2,00,000. Total material and labour expenses are Rs. 1,09,000. The depreciation claimed on the equipment is Rs.
The prevention of major swings in economic activity can be handled most easily by the
If a minimum wage were imposed below the competitive equilibrium what would we expect to observe in the effected labor markets?
1. How does the marginal social benefit curve of a common resource compare to the marginal social benefit curve of positive externality from a mixed good? Highlight the difference
Consider 2 firms i=1,2 producing quantities q1 and q2 respectively. Let the market price be given by P=a-b(q1+q2). Firm 1''s Marginal cost c is common knowledge but 2''s cost is no
What is the theory of second best? Prove the theorem with the help of a diagram
a. Determine Australia’s market equilibrium for TV sets. i. (1) What are the equilibrium price and quantity?
would a rational producer be concerned with the average or marginal product of an input in deciding whether or not to hire the inputs?
Another school of thought developed what is called loanable funds theory of interest. Among the principle economists who contributed to the development of loanable funds theory men
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