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Monica consumes only goods A and B. Suppose that her marginal uility from consuming good A is equal to 1/Qa, and her marginal utility from consuming good B is 1/Qb. If the price of
Is economics an art or a science
Consider the following duopoly with differentiated goods where x 1 and x 2 denote the amounts of the goods 1 and 2 respectively, with prices p 1 and p 2 . The demand funct
Micro Economics 1. Discuss the short-run cost-output relations. 2. Write a short note on pure competition. 3. Describe excess profit criterion. 4. Discuss the vario
What are corrective taxes? Why do economists prefer them to regulations as a way to protect the environment from pollution. Discuss
define for whom to produce
Direct Marketing This is a marketing tool designed to elicit instant action from the customer through direct contact.
POLICIES FOR SOCIAL INFRASTRUCTURE DEVELOPMENT: The origin of official policies for social infrastructure development is the National Policy of Education, 1986 for the develo
i want an application on indifference curve of a specific firm? can i get it easily?
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