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Micro Economics
1. Discuss the short-run cost-output relations.
2. Write a short note on pure competition.
3. Describe excess profit criterion.
4. Discuss the various ways by which rival firms may react to change in price made by one firm.
5. Explain the effects of taxation on the equilibrium of a firm.
6. Write a short note on imperfect competition in the factor market.
what is limitation of inherent
Assume that a shoe salesman learned the price elasticity of demand for her products is -1.5. How many percent will increase in total sales (revenue) if she cuts the price by 10%?
3. Which of the following would not be an expansionary fiscal policy? a.Increased welfare payments to the poor b.Decreases in federal taxes on corporations c.A balanced budget d.I
what is pooling equilibrium
how can draw the table and diagram of production function function with one veriable
net preparation ranjna baghel
Determine the value of the marginal product of labor. Equilibrium in the Labor Market Each firm will hire labor up to the point at that the value of the marginal product of
Explain the Human Development Index Introduced by the UN in 1990, the index take into account not only the goods and services formed but also the ability of a population to use
Explain how foreign aid might help in the development process of a developing country. Definition/outline of various forms of aid, i.e. donor aid, tied aid, bilateral aid etc.
Implicit in these analyses is the fact that without government we could have neither shortage nor surplus. In large calculates, the suspicion of government is due to it has the po
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