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1. Consider an individual facing a wage rate w . There's a total of 100 hours available for work or leisure in a week. (a) Represent his budget constraint graphically (b)
Using a graph of the compensated and uncompensated demand curves, show how the magnitudes of the CV, EV, and ?CS will be related to each other when there is a ceteris paribus incr
Consider the following information relating to the pulp market. Demand Supply Output(tonnes/ da
advantages and disadvantages
how microeconomic issues maybe represented using production posibility curve
State trading is often associated with canalisation. Canalisation means estaolishment of state monomply in foreign trade. In other words, an item that is canalised can be imported
Discuss the impact of rational self-interest on each of the following decisions
Where minimum efficient scale is very huge for capital intensive operations, it may be more cost effective to allow one company to spread its fixed costs over a very huge number of
is a hotdog vendor''s stand a good example of diseconomics of sale?
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