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The monetary calculate of the welfare associated with the change in the provision of some good. It is not to be confused with monetary value, unless the latter is explicitly designed to evaluate the change in welfare, nor with financial value, which can reflect market value or an accounting convention. As Freeman (1993) notes, the terms ‘welfare change' and ‘economic value' can be used interchangeably
prove that the utility approach and the indifference curve yield the same consumer equilibrium.
Capital Gain: A capital gain is a form of profit which is earned on an investment by re-selling an asset for more than it cost to buy. Assets that can be purchased for this purpose
A major component of the costs of many large firms is the cost associated with ordering and holding inventory. If the yearly demand for the good is D and the size of each order pla
Economic policy efficiently: The reason for poverty and misery in the developing countries is not essentially the lack of potentialities or resources, human or material, but t
What are the advantages of trade surplus
Motives of regional financial institutions: There are mixed motives for the donor countries to provide development assistance to developing nations. While a desire for poverty
how does the concept of possibility production curve aplicable in real life?
risk describe,prefrence towards risk,the demand for risky assets.consumer behaviour under asymmetricinformation
if a bank has $6000 in checkable deposits and the required reserve ratio is 0.2 then the bank can lend how much money?
What will be the effects of americas dependency on china?
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