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Below are three questions. WRITE A BRIEF NOTE OF EXPLANATION IN ANSWER TO EACH PART OF EACH QUESTION. The marks awarded will depend on the quality of the reasoning exhibited and th
WHAT IS OPPORTUNITY COST
a) Explain the perverse incentive. b) What makes the incentive perverse? c) How could the incentive makers better the incentive?
discuss how economic theory of marginal utility explains the optimum pattern of consumption for an individual consumer
scope of microeconomics
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what is the theory of second best ? prove the theorem with the help of a diagram ?
Critically appraise the IS-LM and the AD-AS models as analytical tools in explaining the macro-economy (the business cycle). In preparing your essay, please think about the followi
Monopoly and Oligopoly help?!? 1. Your firm sells a perfume. The daily demand for your perfume estimated by your economists is given by P=150-5Q Your marginal cost is constant at $
What is Co-ordination Number? A Co-ordination Number is the total number of ligands which are attached to the central metal atom by co-ordinate bonds or number of atoms of a liga
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