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Economic appraisal - Appraisal , which seeks to quantify, and where possible calculate the welfare impacts from, the costs and benefits of a project or policy.
illustration for demand of big macs using indifference curve and budget line
Depreciation: This signifies the loss of value from an existing stock of real capital (for an individual company or for whole economy), reflecting normal wear-and-tear of machinery
compare the concept of MRTS with the MRS and discuss the similarities and difference between them?
Q. What is Monetarism? Monetarism:Monetarism was a right-wing economic theory (associated with work of Milton Friedman, in particular) which believed that inflation could be co
if the price of labour is 2000 per hour and the price of capital is 1000 per hour.is there an efficiency point of production.
Examples
three marginal conditions of pareto optimality
characteristic of duopoly
Answer in True or Flees 1. "Revealed preference methods for valuing environmental services and goods (for example hedonic price method, travel cost model, etc.) can reveal non-
can you help me answer an economics question
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