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The Snob Effect - If network is negative externality, a snob effect exists. * The snob effect refers to desire to own unique or exclusive goods. * The quantity demanded o
when does a buisness reach shutdown point
waht are the characteristics of perfect competetion market
unemployment is voluntary, discuss in view of the classical economists and the keynesian
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large firms charge the price which is higher than the small firms, contruct the diagram
excess reserve make a bank less vulnerable to runs.why
Slope of an Iso-quant: Since along an iso-quant the level of output remains the same, if θL units of θL are substituted for K units of K, the increase in output due to θ L
A firms total cost function is TC=0.0006*X^3-0.086*X^2+4.8*X+25 and its total revenue function is TR=2.5*X find its profit function
illustrate and explain the changing demand gor big Mac using the indifference curves and budget line
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