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what is the theory of second best ? prove the theorem with the help of a diagram ?
Production possibility frontier PPF is a combination of two or more goods a which a country can make in a given timeline or period with resource fully employed.
Derived demand and Demand schedule: D erived demand is where the demand for a final product leads to the demand for a second product which is used to produce this final p
Risk Neutral - A person is a risk neutral if they show no preference between certain, and an uncertain income with the same expected value.
regression line drawn as Y=c+1075x, when x was 2 and y was 239, given that y intercept was 11. calculate the residual
friedman and savage hypothesis
PLEASE GIVE ANY ONE TOPIC OF ECONOMIC WITH ANSWERS
Determinants of the price elasticity of demand are explained below: 1. Number of close substitutes present within the market - The more and closer substitutes available in the
what is marginal cost
Economies of Common Services: Through the concentration of firms in a particular industry in a given geographical location, the firms may enjoy certain commonservices.These
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