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Determinants of Private Demand - Non-Monetary Benefits
Social status associated with university degrees is a determinant of investment decisions in higher education in the case of certain cross sections of society. Some studies have revealed that children from families of large farmers who do not intend to or need to go for employment would still prefer to acquire higher education to distinguish themselves in their immediate neighbourhood.
As has already been noted, the social status and marriage prospects of women goes up if they possess a university degree.
reasons for and against free trade with foreign sector
What are the most important challenges that economists try to address? (ii) What is the role of government in a market based economy? (iii) Who are the main economic players and w
Determine the Profit-Maximizing Price If a firm targets a 25 % rate of return on sales, and has unit costs of production of $100, what price should it charge if it uses cost-p
2) Proctor & Gamble (P&G) and the Lever Co. decide to form a laundry detergent cartel for future sales in Europe. Lever is more efficient than P&G. a)illustrate graphically how the
Consider a market with short run demand and Supply functions. Qd=4-p^2, Q''s=4p-1.Find the partial market equilibrium, calculate consumer and producer surplus at this equilibrium,
suppose ismail were to eat five pizzas per week.what is the total value ismail would place on his five weekly pizzas?
2) Proctor & Gamble (P&G)
Explain the meaning of the statment "coffee and tea are close substitutes".
compare marginal rate of technical substitution and marginal rate of substitution
Ask questiowhat are the importance of the branches of economics
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