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what are fundamentals of welfare economics?
can you help me figure out how to create a graph with little or no information
Axioms: Revealed preference theory is based on the axioms listed below. • Consumer will spend all her income on goods. The consumer equilibrium always remains on the budg
The price of a laptop increases by 20% and there is a 40% drop in the quantity demanded.
baumol''s sales maximasation model
#question#.problems and its solution of microecnomics
Explain how a country can peg (fix) its currency to another currency. Explanation of a pegged/fixed currency should centre on how the central bank uses the currency market mech
types of production function
Suggestions For the last 60 years the Bretton Woods institutions have played an essential role in ensuring global financial stability and fostering economic growth and develop
Risk Averse: - A person who prefers certain given income to risky income with same expected value. - A person is careful risk averse if they have a diminishing marginal ut
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