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Production without capital is hard for us even to imagine. Nature cannot furnish goods and materials to man unless he has the tools and machinery for mining farming forestry fishin
Find the highest interest rate: There are 2 entrepreneurs, Sally and Paul. The return to their projects are given by: To finance the project, each entrepreneur needs
how to solve the credit multplier
what is the theory of Second best? Prove the theorem with the help of a diagram.
the diagram used to illustrate of abnormal and normal profits
Consider a person''s decision problem in trying to decide how many children to have. Although she cares about children and would like to have as many as possible, she knows that ch
For the pizza seller whose marginal, average variable, and average total cost curves are shown in the following diagram, what is the profit-maximizing level of output and how much
#question.explain three neccessary condition to achieve pareto efficiency.
What is the impact of microeconomics on economy?
Risk Neutral - A person is a risk neutral if they show no preference between certain, and an uncertain income with the same expected value.
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