demand functions, Microeconomics

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what is demand function

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Explain crowding out and why it may be considered important for policy makers. Crowding out refers to how enhanced government borrowing (real borrowing!) might serve to raise i

Monopolist, if a monopolist makes economic profits, new firms enter the mar...

if a monopolist makes economic profits, new firms enter the market and compete with the monopolist in the long run.

Adulteration, How can we test adulterants in vegetable oils?

How can we test adulterants in vegetable oils?

Multiplnat monopoly, P=140-4Q mc1=20+30q for plant 1 mc2=80+10q for plant 2...

P=140-4Q mc1=20+30q for plant 1 mc2=80+10q for plant 2 how many units should be produced by plant 1 and plant 2 to maximise profit for this monopoly?

Atitude of consumers towards risk, find the highest premium find the actuar...

find the highest premium find the actuarialy fair premium

Volume of trade, Volume of Trade: It relates to the size of internatio...

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

Substitute product, If we have two products, A and B, which are substitutes...

If we have two products, A and B, which are substitutes, we can expect that a rise in the price of A (or B) will cause the demand for B (or A) to go up.” Examine this statement wit

Members quota in imf, Member's Quota in IMF  Quota represents the subs...

Member's Quota in IMF  Quota represents the subscription by a member country to the capital fund of the IMF. Quotas are fixed for each country, taking into account such factor

Define the returns to scale in production technology, Define the returns to...

Define the returns to scale in production technology. Returns to scale in production technology: Assume that we are using some vector of inputs x to generate some output y a

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