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What are corrective taxes? Why do economists prefer them to regulations as a way to protect the environment from pollution. Discuss
arguments in favour and against of Theory of Profit Maximization
MUa/MUb how it happens? and why this occur?
#questASSIGNMENT #1 The demand function for Product X is given by: Qdx = 80- 2Px- 0.05P²x -0.2Py + 4Pz + 0.01I+ 2A Where: Px Price of good X $120.00 Py Price of related good y $100
illustrate and discuss the implications of various markets structures(competitive and non-competitive) for price dertimation
discuss whether marginal utility is a realistic piece of economy analysis in a consumer demand
The Money Multiplier is explained below: If you see carefully, the money multiplier is nothing but an inverse of a reserve ratio. Therefore, we can write MM = 1/rr, where rr is
Cardinal Theory: An Introduction In cardinal approach, utility is measured cardinally or numerically in terms of money. The consumer not only knows which one is preferred but
example of cournot model
calculate demand function is Q=100-P, where Q is quantity demand and P is price
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