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baumol''s sales maximasation model
1.A firm producing Golf sticks has a production function given by Q=2v(K L) In the short run, the firm’s amount of capital equipment is fixed at k = 100. The rental rate for k
Inflation is defined as
Q. Distribution of income? Distribution:Distribution of income reflects the process by which real output of services and goods produced by the economy is allocated to different
Physical Capital: A tangible tool, machine, building or other productive asset that is used to produce other goods or services. Pollution: Many economic activities involve disch
managerial problems related to microeconomics
limitation of kaldor hicks in compensation test and welfare criteria
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
if the marginal production of labor is rising, is the marginal cost of production rising or falling? Briefly explain
different types of production funtion and curve given by different economist
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