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the basics in micro economics
is economics a positive science
explain how macro and micro issues may be represented using production possibility curve
firm''s product sells for Rs.200 per unit in a highly competitive market. The firm produces output using capital (which it rents at Rs.7500 per hour) and labor (which is paid a wag
Potentials of Productivity Growth: It needs to be noted that growth in productivity witnessed in the past are an average rate at the All-India level. There are considerable re
reason for kinked demand curve
Plot the demand schedule and draw the demand curve for the data given for Marijuana in the case above?
assumption of mariss model
Price Elasticity A measure of the change in demand for a product relative to unit changes in the price of the product. If the percentage change in quantity demanded is greater
How solve central problem of economy in mixed economic system?
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