Essay type of questions., economics, Microeconomics

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Exchange, three marginal conditions of pareto optimality

three marginal conditions of pareto optimality

Indifference curve, application of indifference curve analysis to the probl...

application of indifference curve analysis to the problem of exchange

Linkage of education with poverty and income distribution, Normal 0 ...

Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4

Chamberline approach, a more simple explanation of the group equilibrium in...

a more simple explanation of the group equilibrium in the short and long run

Insurance - reducing risk, Insurance - Risk averse are willing to pay t...

Insurance - Risk averse are willing to pay to keep away from risk. - If cost of insurance equals expected loss, risk averse people will buy sufficient insurance to totally r

Snob appeal possibility, Situation is where a luxury is there. There is the...

Situation is where a luxury is there. There is the snob appeal possibility where the higher the price, the more desired the commodity it.  Often people will drive expensive cars, e

Microeconomics, Using real life examples and the use of the following conce...

Using real life examples and the use of the following concepts: Effecient vs Ineffecient and Opportunity cost and increasing opportunity cost

What do you mean by bond, Q. What do you mean by Bond? Bond: A financia...

Q. What do you mean by Bond? Bond: A financial security that represents promise of its issuer (generally a company or a government) to repay a loan over a specified time period

Law of variable proportion, discuss the law of variable proportion with the...

discuss the law of variable proportion with the help of isoquants

Gross domestic product - deflator, Gross Domestic Product, Deflator: A pric...

Gross Domestic Product, Deflator: A price index that adjusts the overall value of GDP according to average increase in the prices of all output. GDP deflator equals the ratio of no

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