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limitation of kaldor hicks in compensation test and welfare criteria
explain the properties of indifference curve with the help of diagrams?
mang ki loch kya hai
illustrate a long-run equilbrium using diagrams for the gold market and for a representative gold mine
Poverty: A state of having inadequate income or other resources to support a household (or group of households) at a basic standard of living. Poverty can be measured in absoluterr
What are the determinants of income elasticity of demand? There are three determinants of income elasticity of demand. These are: Degree of necessity of a good: In a developed
using the tools of an indifference curve and isoquent, highlight on consumption and production in business economics.
Q=2h find the marginal point. where q is the quantity of electricity in MW-h and h is the amount of water (in 100s of liters per hour)
THEORY OF REVEALED PREFERENCE: If consumer's taste and preferences do not change, then observation of her market behaviour or, actual act of choice between the commodity sets
What are the different pricing practices?
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