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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.
Economists view depreciation as capital consumption for them, there are two distinct ways of charging for depreciation (1) the depreciation of equipment must equal its opportunity
primary reference electrode,she
What are the 2 approaches in which results into a higher satisfaction?
Production with Two Variable Inputs * There is relationship between productivity and production. * Long run production K& L are variable. * Isoquants analyze and compa
how to solve the credit multplier
Problem 1: How can a manager of a supermarket maximise total revenue using various concepts of elasticity of demand? Use examples to illustrate. Problem 2: What are the
Area of Dominant Influence (ADI) The ADI is a geographic area made up of all over the world that receive signals from radio and television stations in a individual market.
Population census: A population census is the head count of people living in a geographical area or in a country. A population census collects comprehensive data on people to
NETWORK EXTERNALITIES Till this point we have assumed that people's demands for good are independent of each other. Actually, a person's demand can be affected by the number
b) Sally’s firm produces granola bars with a fixed cost of 10 (this cost is already sunk). Her variable cost function is VC = q2 + 2q. Assuming the market for granola bars is comp
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