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Since 1990, real income has increased rapidly , yet the average number of children per family has decline ." Three possible explanations for this process are given below.
This involves the characteristics of the production human as well as non human using the product concerned. For example it may pertain to the number and characteristics of children
Define Nash equilibrium and explain with the help of the game ''prisoner''s dilemma''.
Unions in a Competitive Market: Again, there a group of economists who will rely on the use of the competitive model to demonstrate the evils of unionization. The most regular anal
Dynamic Changes in Costs: The Learning Curve * The learning curve measures impact of worker's experience on costs of production. * It describes relationship between a firm
Question 1: Compare and contrast between perfect competition and monopoly. Which of the two types of market structures is efficient? Question 2: Prepare a short notes
Determinants of Social Demand for Education - Excellence Apart from the three considerations identified by Prof. Musgrave for public investments in education and discussed abo
Explain about the duality between direct and indirect utility. Duality between Direct and Indirect Utility: While seen how one can recover an indirect utility function by ob
price quantity 10 60 20 70 30 90 40 110 50 130 derived a supply function for the relation between price and quantity
the existance of a labor marketcharacterised by perfect competition is a fallacy.discuss
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