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What is the expected profit?
Amartya Sen''s concept of poverty and welfare.
1. Suppose the banking system has reserve of $750000, demand deposits of $2500000 and a reserve requirement of 20%. a. if the fed now purchases $125,000 worth of govt bonds from t
Market failures (even when they do not have international external effects) i) Self-fulfilling bank runs, government debt runs, currency crises. ii) Liquidation costs of li
The price of a laptop increases by 20% and there is a 40% drop in the quantity demanded.
Wholemark is an Internet order business that sells one popular New Year greeting card once a year. The cost of the paper on which the card is printed is $0.50 per card, and the cos
contrast the longrun equilibrium positions of monopolistic competition firm and oligopoly
determination of rent
explain bains model of limit pricing
According to the Linder theory ,trade will occur in goods that have overlapping demand. With aid of a graph ,illustrate this theory and its implications
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