Wages and labor supply: equivalent to the utility , Labor cannot be divided...

Labor cannot be divided from the human being who provides it.  The result of the inseparability of labor from the people who gives it, is that the wage for the last hour worked mus

Open market economy, about opean market economy

about opean market economy

Different pricing strategies of firms under oligopoly, Problem : (a) W...

Problem : (a) With reference to the characteristics of market structure, explain why the market for powdered milk in Mauritius is an appropriate example of monopolistic compet

What are the goal of sustainability, The goal of sustainability requires th...

The goal of sustainability requires that we address what three questions? The goal of sustainability needs that we address whether economic activities are financially sustainab

General, A tax imposed on a market with an inelastic demand and an elastic ...

A tax imposed on a market with an inelastic demand and an elastic supply will cause

Point elasticity, Point elasticity: It refers to measurement of elasticity ...

Point elasticity: It refers to measurement of elasticity on a point On a demand curve. Point elasticity helps in measuring elasticity where change in price and quantity is infinite

PROBLEM, Sita expects her future earnings to be worth Rs. 100. If she falls...

Sita expects her future earnings to be worth Rs. 100. If she falls ill, her expected future earning will be Rs. 25. There is a belief that she may fall ill with probability of , -

Explain how a perfact market responds to changes in consumer, explain how a...

explain how a perfact market responds to changes in consumer demand?

Break even analysis under linear and curve linear ,

Strategy to fight ntb and reorganisation of export councils, Reorganisation...

Reorganisation of Export Councils: India has a large number of exporpromotion councils, commodity boards and other similar agencies, butheir impact on India's foreign trade h