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A type of economy (like in Europe in the Middle Ages) which is primarily agricultural however productive enough to support a class of merchants andartisans. Feudal societies are composed of two major social classes: peasants andnobles. Nobility extracted the agricultural surplus from peasants through a system of tradition, mutual obligation and (when necessary) brute force.
On what kind of income is our taxing system based?
write about the origin of sylos labini''s limit pricing model
define for whom to produce
function with equation,variable,parameter
Explainbainlimitpricetheory
1. Discuss how banks make money, and are structured in respect to Asset, Liability and Capital Management – give examples.
contrast the longrun equilibrium positions of monopolistic competition firm and oligopoly
Identify the four institutional requirements of markets. The four institutional needs of markets are: Pprivate property, Social institutions of trust, Good physical i
if marginal cost descreases then what else is effected by this
do you think that dimnishing returns to a factor are consistent with increasing returns to scale? explain with suitable diagram and reasoning.
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