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How to solve general equilibrium in pure exchange economy with 2 consumer and 3 commodities
During the 1990s, technological advance reduced the cost of computer chips. Explain, with the use supply and demand diagrams, how the following markets are affected in terms of pr
what are the forecasting techniques
derivation of demand funcation using indifferance curv ordelreay and competed demand curv
what are the sources of monopoly power
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demand for two market are P1=15-Q1&P2=25-Q2.the monopoly TC is C=5+3(Q1+Q2).What are ,output,profit&MR if the monopolist can price disc? riminate
What is the expected profit?
Define the Production Possibilities Curve and explain the basic economics concepts using the PPC. Explain the factors tht shift the PPC outwards
explain the cobweb model of equilibrium
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